208 SW 2nd PlDania 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
Rental property for sale in Dania Beach at 208 SW 2nd Pl, Dania Beach, FL, 33004 offers $2,730/mo rent that, after a $2,690/mo payment. Total monthly income is $2,730/mo. Return on cash invested measures 13.97% in year one, and rental yield stands at 5.96% at a $549,500 entry. Equity gained on principal adds $3,546/yr while 5% annual appreciation compounds into $151,817 by year five. Five-year ROI records 71.57% and total cumulative return in cash reaches $129,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,730/mo property income versus a $2,690/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1959
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: Steven Koleno • Beycome of Florida LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11761758
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.