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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 9441 Live Oak Pl UNIT 304, Davie, FL, 33324 offers a 12.37% rental yield on a $244,995 purchase with $2,526/mo rent. Total monthly income registers $2,526/mo, and a $1,199/mo payment leaves $356/mo available for distribution. Annual cash flow reaches $4,276/yr on $81,216 to close, and return on cash invested stands at 25.17% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,688 over five years. Portfolio math shows five-year ROI at 134.62% and total cumulative return in cash at $109,331. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,526/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$544 monthly 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 |
|---|---|---|
| 2024-12-08 | Price change | $244,995 |
| 2024-10-11 | Listed for sale | $249,995 |
| 2024-09-21 | Listing removed | $264,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $847.85 | 14.91% | $56,600 | 2.98% |
| 2022-12-26 | $737.83 | 1.04% | $54,960 | 3.00% |
| 2021-12-26 | $730.25 | 0.74% | $53,360 | 1.39% |
Listed by: Jordan Roig • Atlantic Realty Group, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10464652
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
