9450 Poinciana Pl APT 106, Davie, FL, 33324 | $177/mo Cash Flow

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9450 Poinciana Pl APT 106, Davie, FL, 33324 | $177/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Davie at 9450 Poinciana Pl APT 106, Davie, FL, 33324 offers a 9.11% rental yield on a $185,000 purchase with $1,404/mo rent. Total monthly income registers $1,404/mo, and a $905/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,121/yr on $61,328 to close, and return on cash invested stands at 23.37% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 121.99% and total cumulative return in cash at $74,811. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,404/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Move right into this bright and updated first floor condo, featuring a remodeled kitchen and bathroom, new appliances, and impact windows throughout for safety and peace of mind. Unit 106 offers a comfortable, low-maintenance lifestyle in a friendly, amenity-rich community with pool, clubhouse, and serene views. Owner financing available, making this an ideal opportunity for first-time buyers, downsizers, or investors seeking a turnkey property in one of Davies most desirable neighborhoods.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.

Housing Distribution

Housing Statistics

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