609 E Sheridan St APT 105DaniaFL33004
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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 at 609 E Sheridan St APT 105, Dania, FL, 33004 offers a 10.62% rental yield on a $346,500 purchase with $3,067/mo rent. Total monthly income registers $3,067/mo, and a $1,696/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,493/yr on $114,865 to close, and return on cash invested stands at 21.21% in year one. Equity gained on principal adds $2,236/yr while 5% annual appreciation supports $95,732 over five years. Portfolio math shows five-year ROI at 112.83% and total cumulative return in cash at $129,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,067/mo property income against a $1,696/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$469 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: Henry Paul PA • Brown Harris Stevens
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11723491
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.