708 SE 3rd CtDania 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 708 SE 3rd Ct, Dania Beach, FL, 33004 uses $197,367 cash to close to unlock $10,958/yr annual cash flow and $913/mo monthly cash flow. Total monthly income runs $4,894/mo, and a $2,936/mo payment keeps the spread at $913/mo. Purchase price stands at $599,900, and rental yield measures 9.79% with $4,894/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 134% and total cumulative return in cash records $264,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,894/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 1985
5,998 sqft 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: Paul Solomon • Luhu Realty, Inc
Mls Name: BeachesMLS
Mls ID: #F10516117