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4725 SW 65th Ave Fourplex
C Composite 56.11
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +22.4/30.0
  • DSCR +7.2/10.0
  • ARV discount +7.2/15.0
  • 1% rule +5.9/10.0
  • Schools +4.1/10.0
  • Livability +4.1/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$769,900

4725 SW 65th Ave · Davie, FL 33314
None bd · None ba · 3,145 sqft · MultiFamily
Built 1972 Est $764k · at est.

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks

Value Add Fourplex in the best Davie location offering ±3,145 SF with a two-year-old roof, featuring 3 (2/1) apartments and studio (no kitchen). HVAC consists of central A/C and wall units. The rear (2/1) apartment features washer/dryer, utility room and screened patio, making it highly tenant/owner friendly. Located in a quiet residential setting just minutes from Hardrock, Nova Southeastern University, Broward College. VALUE-ADD - Income 50% below market comp rents (see attached OM). (0/1) $800; (2/1) $1100; (2/1) $1175; (2/1) Rear Vacant for showing. The occupied units are on lease. Current PGI $54,840 | Market Rent PGI $75,000. Property located in close proximity to Lange Park wh

Key facts

  • Built 1972

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2×2bd/1.0ba + 2×1bd/1.0ba units multifamily listed at $770k.

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive. Per door: $320/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($8k rent vs $770k).
  • Cap rate 8.3% vs local median 3.4% in Davie — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 82/100 on livability (#68 in FL, #1,159 nationally) — a professional / high-income tenant draw. Strengths: crime A+, housing A+, health & safety A+; Watch: cost of living D, amenities D-.
  • Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Silver Ridge Elementary School (math 49% / reading 65%, grade C+, #781 of 2,144 statewide, top 38%, 961 students, 43% FRL); Driftwood Middle School (math 34% / reading 45%, grade F, #373 of 571 statewide, top 66%, 1,136 students, 71% FRL); Hollywood Hills High School (math 14% / reading 31%, grade F, #539 of 667 statewide, top 81%, 1,718 students, 68% FRL).
  • Market conditions: Rents rising (+1.4%/yr); 187 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $8,354/mo this rent would consume 152% of the median local household income ($66k/yr) (locally 2205% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $23k of value loss. Plan a longer hold.
  • Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $769,900

Questions for the listing agent

  1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.09%
Cap rate
8.29%
Cash-on-cash
7.12%
DSCR
1.32
GRM
7.7

CMA / ARV

ARV (on-the-fly)
$764,235
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6551- 6553 SW 49th Ct 0.15mi 18/18.0 3,349 (+6%) 14mo $815,000 $243 71

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.45% rent growth · sell at horizon

5-year hold
IRR
-7.1%
Equity multiple
0.74×
Total profit
$-55,998
Equity at exit
$114,795
10-year hold
IRR
0.4%
Equity multiple
1.03×
Total profit
$5,612
Equity at exit
$66,567

Cash invested: $215,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33314

Rents YoY
1.4%
Active inventory
187
Price-to-rent
29.9×

Monthly cashflow live

Estimated rent
$8,354 high interval (Pro) →
Mortgage (P&I)
$4,037
Tax est. 1.5%
$962 /mo · $11,548/yr
Insurance
$321
HOA
$0
Vacancy / Maint / Mgmt
$1,754
Net cashflow
$1,279

Break-even live

Break-even rent $6,735
Max offer price $769,900
Occupancy floor 80%

4-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (4 units) $8,354

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$192,475
Closing costs
$23,097
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6560 SW 49th St Unit 1 Davie, FL 3.0 2.0 2103 $2,850 $1.36 17d 1 0.13mi
6591 SW 46th St Unit 3 Davie, FL 2.0 2.0 4116 $2,200 $0.53 24d 1 0.16mi
6121 SW 48th Ct #1 Davie, FL 3.0 2.0 3320 $2,950 $0.89 24d 1 0.27mi
5095 SW 73rd Ave Davie, FL 3.0 2.0 2212 $7,950 $3.59 24d 1 0.75mi
5167 Madison Lakes Cir E Davie, FL 3.0 3.5 2452 $3,750 $1.53 24d 1 1.37mi

Listing history 4 events

  1. 2026-02-13
    historical
  2. 2025-10-22
    listed $769,900
  3. 2025-10-18
    historical $1,800
  4. 2025-09-20
    listed $1,800

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 27 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$100,248
− Mortgage interest
−$43,126
− Property taxes
−$11,548
− Insurance
−$3,850
− Repairs & maintenance
−$8,020
− Management
−$8,020
− Depreciation
−$22,397
Taxable income
$3,287
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$789
After-tax cash flow
$14,560/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Broward
NCES district ID
1200180
Math proficiency
42% ▼ -18.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$52,139
Composite
40.88/100
National rank
#3621
State rank
#46 of 73 in FL

Livability — Davie

Score
82/100
State rank
#68
US rank
#1159

Category grades

Amenities D- Commute B- Cost of living D Crime A+ Employment A Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Davie, FL
County
Broward County · 1,963,430 people
City population
92,317
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
31,067
Household income
$66,100
Rent vs Own
61.3% rent · 38.7% own
Severe rent burden
2205.0

Population outlook (Broward County) Hauer SSP2

Today (2025)
2,207,033 people
By 2030
2,360,704 · +7.0%
By 2040
2,661,208 · +20.6%
By 2050
2,946,698 · +33.5%
By 2075
3,602,273 · +63.2%
By 2100
3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.66)
Race & ethnicity
Hispanic / Latino 49% Two or more races 30% White 29% Black 13% Asian 6%
Hispanic origin (detail)
Mexican 6% Puerto Rican 7% Cuban 7% Dominican 3%
Common ancestry
Hispanic 4% Romanian 1% Estonian 1%
Foreign-born
38% · Canada, Jamaica, Vietnam
Languages at home
45% English-only · Spanish 42% French/Haitian/Cajun 4% Other Indo-European 3%

Political lean MEDSL · Broward

2024 margin
D (+17.0) · D 58.0% · R 41.0%
2008→2024 swing
-17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
All cycles
2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -346.31%
Current HPI
433.1148
Rent YoY
▲ 1.45%
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+42672.2% since first listed
4 events — show timeline
  • 2026-02-13 Listing Removed Beaches MLS
  • 2025-10-22 Listed $769,900 Beaches MLS
  • 2025-10-18 Rental Removed $1,800 GFLMLS
  • 2025-09-20 Listed for Rent $1,800 GFLMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…