131 SE 3rd Ave #302Dania BeachFL33004
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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 Beach at 131 SE 3rd Ave #302, Dania Beach, FL, 33004 earns $714/mo cash flow from $2,578/mo rent with a $1,375/mo payment. Total monthly income totals $2,578/mo, and annual cash flow totals $8,563/yr on $93,152 capital. ROI tracks 29.1% on current figures, and rental yield reads 11.01% at a $281,000 purchase. Equity gained on principal adds $1,813/yr, and 5% annual appreciation supports $77,635 over five years. Five-year ROI reaches 152.73% and total cumulative return in cash sums $142,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,578/mo property income instead of your personal income.
Condo
Built in 1980
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
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Listed by: Linda Posey • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10484604