121 SE 3rd Ave APT 204DaniaFL33004
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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 Dania at 121 SE 3rd Ave APT 204, Dania, FL, 33004 offers a 13% rental yield on a $247,900 purchase with $2,686/mo rent. Total monthly income registers $2,686/mo, and a $1,213/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,961/yr on $82,179 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,490 over five years. Portfolio math shows five-year ROI at 126.95% and total cumulative return in cash at $104,327. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,686/mo property income against a $1,213/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
$578 monthly 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
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