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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Davie at 9440 Tangerine Pl #301, Davie, FL, 33324 listed at $225,000 pairs $2,742/mo rent with a $1,101/mo payment to leave $1,249/mo cash flow. Total monthly income runs $2,742/mo, and annual cash flow reaches $14,989/yr on $74,588 cash to close. Return on cash invested measures 40.01% in year one, and rental yield registers 14.62% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 211.25% and total cumulative return in cash totals $157,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,742/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heidi Braunhardt • LoKation
Mls Name: BeachesMLS
Mls ID: #F10527845
