9481 Evergreen Pl APT 107DavieFL33324
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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
Investment Highlights
Investment property for sale in Davie at 9481 Evergreen Pl APT 107, Davie, FL, 33324 offers a 12.95% rental yield on a $221,100 purchase with $2,386/mo rent. Total monthly income registers $2,386/mo, and a $1,082/mo payment leaves $505/mo available for distribution. Annual cash flow reaches $6,060/yr on $73,295 to close, and return on cash invested stands at 28.18% in year one. Equity gained on principal adds $1,427/yr while 5% annual appreciation supports $61,086 over five years. Portfolio math shows five-year ROI at 150.29% and total cumulative return in cash at $110,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,386/mo property income against a $1,082/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
1,079 sqft lot
$N/A/sqft
$394 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
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