106 NW 12th AveDania BeachFL33004
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dania Beach at 106 NW 12th Ave, Dania Beach, FL, 33004 uses $295,771 cash to close to unlock $7,611/yr annual cash flow and $634/mo monthly cash flow. Total monthly income runs $6,600/mo, and a $4,400/mo payment keeps the spread at $634/mo. Purchase price stands at $899,000, and rental yield measures 8.81% with $6,600/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 118.02% and total cumulative return in cash records $349,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,600/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Multi Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33004, Dania, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,960 (100%) |
| Owner Occupied HU | 3,424 (31.2%) |
| Renter Occupied HU | 5,223 (47.7%) |
| Vacant Housing Units | 2,313 (21.1%) |
| Median Home Value | $492,026 |
| Average Home Value | $560,626 |
Housing Distribution
Address Breakdown
Residential
9,457
Single Family
4,978
Multi-Family
4,479
Businesses
1,275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Machini • Realsperity
Mls Name: BeachesMLS
Mls ID: #F10544408