9481 Evergreen Pl #103, Davie, FL, 33324 | $249/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9481 Evergreen Pl #103, Davie, FL, 33324 | $249/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

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

Rental property for sale in Davie at 9481 Evergreen Pl #103, Davie, FL, 33324 generates $1,443/mo in rent and, after a $881/mo payment, leaves $249/mo in cash flow. Total monthly income is $1,443/mo, and annual cash flow is $2,982/yr on $59,670 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.62% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 130.28% and total cumulative return in cash sums $77,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,443/mo property income rather than buyer’s personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

**Solid Reserves purchase with as little a three percent down** Presenting this desirable ground-floor unit with beautiful views of the golf course and water, located within the prestigious Pine Island Ridge Country Club. Residents enjoy a wide array of amenities, including an 18-hole golf course, two restaurants with lounges, tennis courts, pickleball courts, bocce ball, basketball courts, a childrens park, two swimming pools, barbecue areas, and separate his-and-hers saunas, steam rooms, and locker facilities, along with convenient golf bag storage. Ideally situated near Nova Southeastern University and offering easy access to major highways including I-595, the Turnpike, I-95, and I-75

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