501 E Dania Beach Blvd #5-1GDania 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 501 E Dania Beach Blvd #5-1G, Dania Beach, FL, 33004 listed at $229,000 pairs $1,603/mo rent with a $1,121/mo payment to leave $83/mo cash flow. Total monthly income runs $1,603/mo, and annual cash flow reaches $998/yr on $75,914 cash to close. Return on cash invested measures 21.22% in year one, and rental yield registers 8.4% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 110.52% and total cumulative return in cash totals $83,897. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,603/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
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: Lori Suarez • One Sotheby's International Realty
Mls Name: MIAMI
Mls ID: #A11890745