602 SW 2nd AveDania 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 602 SW 2nd Ave, Dania Beach, FL, 33004 earns $1,529/mo cash flow from $5,392/mo rent with a $2,668/mo payment. Total monthly income totals $5,392/mo, and annual cash flow totals $18,344/yr on $179,305 capital. ROI tracks 30.29% on current figures, and rental yield reads 11.87% at a $545,000 purchase. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 over five years. Five-year ROI reaches 159.67% and total cumulative return in cash sums $286,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,392/mo property income instead of your personal income.
Single Family
Built in 1958
0.27 Acres 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: Steven Koleno • Beycome of Florida LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11912083
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.