431 3rd St APT 305Dania 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 431 3rd St APT 305, Dania Beach, FL, 33004 uses $77,903 cash to close to unlock $10,545/yr annual cash flow and $879/mo monthly cash flow. Total monthly income runs $2,746/mo, and a $1,150/mo payment keeps the spread at $879/mo. Purchase price stands at $235,000, and rental yield measures 14.02% with $2,746/mo rent. Return on cash invested shows 33.44% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 177.75% and total cumulative return in cash records $138,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,746/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$308 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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Listed by: N/A • N/A
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