Real Estate Investing in Davie, Florida (33328)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33328 (Davie, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Davie, FL (33328)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33328 Davie
Investors eyeing 33328 need to respect the fundamentals at play. Home values of $629K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 33328 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader FL picture, 33328 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 33328 includes headwinds that any investor should price in. Income distribution skews lower than Davie averages, and tenant stability requires active management.
The 33328 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Davie:
Property Strategy for 33328
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $193,758 | $2,240 | 8.3% | +7.0% | $193,758 |
| 2BR | $354,276 | $2,750 | 5.6% | +8.0% | $177,138 |
| 3BR | $592,500 | $3,790 | 4.6% | +8.8% | $197,500 |
| 4BR | $803,576 | $4,490 | 4.0% | +9.5% | $200,894 |
| 5BR | $1,533,292 | — | — | +11.4% | $306,658 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33328 Compare?
| Metric | 33328 | Davie | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $629,062 | $546,919 | N/A | $374,697 |
| 5-Year CAGR | 5.9% | 5.4% | N/A | 7.4% |
| Avg Rent | $2,838 | $2,702 | N/A | - |
| Cap Rate | 3.5% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33328 (Davie, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33328 (Davie, FL)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Broward County
Manage rentals here? List your business →Maxima Property Management Inc. offers property management, real estate brokerage, second home management, and vacation rental management services in South Florida, including Pompano Beach, Fort Laude summary from their website
State Street Property Management offers property management services for owners, tenants, and associations. summary from their website
West Broward Community Management provides customized community association management services in Plantation, FL, including accounting, inspections, and handling owner/tenant requests. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $629,062 |
| Monthly Rent | $2,838 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +5.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33328
Population: 29,379
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33328
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What price range are homes in Davie, FL?
Typical homes in Davie, FL go for around $629K. The 5-year CAGR of 0.0% reliable price movement.
Is it easy to find good tenants in Davie, FL?
Working renters make up the core of the Davie, FL tenant base. The pool is reasonable for investors targeting long-term holds.
Do rentals sit vacant long in Davie, FL?
Vacancy in Davie, FL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,838/mo.
Is house hacking profitable in Davie, FL?
House hacking in Davie, FL is a challenging. With home values around $629K and rents at $2,838/mo, owner-occupants can offset a meaningful share of PITI.
Is Davie, FL a friendly market for rental owners?
The landlord environment in Davie, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 33328 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33328 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 33328 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 33328 (Davie)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 33328 (Davie, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.