505 E Dania Beach Blvd #4-3JDania 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 505 E Dania Beach Blvd #4-3J, Dania Beach, FL, 33004 earns $729/mo cash flow from $2,189/mo rent with a $1,077/mo payment. Total monthly income totals $2,189/mo, and annual cash flow totals $8,746/yr on $72,930 capital. ROI tracks 31.9% on current figures, and rental yield reads 11.94% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 167.75% and total cumulative return in cash sums $122,339. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,189/mo property income instead of your personal income.
Condo
Built in 1975
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: Anaclaudia Sale • RE/MAX Royale
Mls Name: MIAMI
Mls ID: #A11953067