217 SE 5th StDania 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 217 SE 5th St, Dania Beach, FL, 33004 uses $223,391 cash to close to unlock $72,405/yr annual cash flow and $6,034/mo monthly cash flow. Total monthly income runs $10,751/mo, and a $3,323/mo payment keeps the spread at $6,034/mo. Purchase price stands at $679,000, and rental yield measures 19% with $10,751/mo rent. Return on cash invested shows 52.47% in year one, and 5% annual appreciation builds toward $187,595 over five years. Five-year ROI reaches 278.43% and total cumulative return in cash records $621,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $10,751/mo property income covering a $3,323/mo payment rather than investor’s personal income.
Single Family
Built in 1980
6,148 sqft 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: Pedro Almeida • Beachfront Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10451211
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.