424 SE 10th St APT 204Dania BeachFL33004
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 424 SE 10th St APT 204, Dania Beach, FL, 33004 in Dania Beach achieves a 1.58 ratio at $299,000: $2,125/mo rent versus $1,344/mo debt service. Rental yield 8.53%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.53% yield compounds alongside 5% annual appreciation projecting $82,608 in value. Total projected cumulative return: $123,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.2% |
| Monthly Cash Flow | $(334) | $300 |
City averages based on Dania Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,125 |
| Total Monthly Debt Service | $1,865 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1979
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
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
Condo
Built in 1979
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: N/A • N/A
Mls Name: MIAMI
Mls ID: #A11990408