709 SE 3rd LnDania BeachFL33004
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 709 SE 3rd Ln, Dania Beach, FL, 33004 in Dania Beach offers a clean, manageable entry. Rental yield 7.65%. DSCR 1.42 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $192,845 in additional property value over five years, with $6,429/yr in principal equity building ownership stake. Total projected cumulative return: $230,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 7.2% |
| Monthly Cash Flow | $(582) | $300 |
City averages based on Dania Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,451 |
| Total Monthly Debt Service | $4,755 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
6,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1988
6,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elsa Stokes • U.S. Florida Realty, Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10480038
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.