610 NE 2nd St #205Dania 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 610 NE 2nd St #205, Dania Beach, FL, 33004 offers a 4.78% rental yield on a $549,990 purchase with $2,189/mo rent. 37% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,952 over five years. Portfolio math shows five-year ROI at 52.28% and total cumulative return in cash at $94,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,189/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2024
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: Carolina Villabona • Soulhaus Living, Inc.
Mls Name: MIAMI
Mls ID: #A11888814