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2430 SW 53rd St
D Composite 40.19
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +12.2/30.0
  • ARV discount +7.5/15.0
  • Schools +4.1/10.0
  • Livability +3.9/5.0
  • 1% rule +3.6/10.0
  • DSCR +3.6/10.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$299,900

2430 SW 53rd St · Dania Beach, FL 33312
2 bd · 2.0 ba · 905 sqft · Manufactured public records · 331 Days on market
Built 1982 4,984 sqft lot $70/mo HOA · 3% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

ONE OF THE BEST LOTS IN ALL OF RAVENSWOOD! ONE OF A FEW PROPERTIES HERE WERE YOU HAVE A NICE BACK LAWN AREA FOR MORE ENJOYMENT. YOU OWN THE LAND HERE AS WELL. THIS IS ONE OF THE NICEST, MOST ESTABLISHED MOBILE HOME PARKS IN ALL OF SOUTH FLORIDA. THIS CAN BE A GREAT PRIMARY RESIDENCE, SEASONAL RESIDENCE, VACATION HOME OR INVESTMENT. THE PROPERTY RIGHT NOW IS TENANT OCCUPIED AT $2000.00 PER MONTH ON LEASE THRU THE END OF AUGUST. TENANTS WILLING TO STAY IF YOU WANT THE INVESTMENT INCOME OR CAN VACATE THEN IF YOU NEED TO OCCUPY. PROPERTY WAS RECENTLY UPDATED WITH NEW FLOORING AND MORE AS OF 2024. THE HOME IS IN GREAT OVERALL CONDITION & THE MOBILE HOME PARK ITS SELF IS IN FANTASTIC SHAPE

Key facts

  • Recently updated
  • Own the land
  • 4,984 sq ft lot

Tags

OWN THE LANDRECENTLY UPDATED

Property features AI

Finance

  • Other: Lot is less than quarter acre; Zoning: RMH; Community-maintained grounds; Mobile home make/model: Striker
  • HOA & community: Monthly association fee ($70); Community amenities include pool, clubhouse, pickleball, tennis courts, and on-site property manager

Exterior

  • Parking: Attached carport (1 covered space); Driveway
  • Utilities: Public water; Public sewer; Cable available
  • Home design: Manufactured home; Faces north
  • Construction: Manufactured construction; Roof over
  • Exterior features: Deck; Porch; Screened porch; Community pool; Pickleball and tennis courts; Clubhouse; Maintained community; Property manager on-site

Interior

  • Kitchen: Dishwasher; Electric range; Disposal; Microwave; Refrigerator
  • Flooring: Vinyl flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Split bedroom floor plan; Enclosed porch / Florida room; Storage room; Utility room
  • Laundry & utility: Washer; Dryer; Laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $300k.

Deal economics

  • At list price, monthly cash flow is $-61 ($-731/yr) — negative.
  • To cash-flow at today's rent, offer at most $289k (3.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $259k (13.7% below list).
  • Recommended offer: $259k (13.7% below list) — sets the bar for 1% rule.
  • Cap rate 6.0% vs local median 3.9% in Dania Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 77/100 on livability (#180 in FL, #2,806 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A, housing A; Watch: schools D, employment D, amenities F.
  • Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+1.3%/yr); 412 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • This rent runs 41% of the median local income ($76k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 331 days — a 12% lower offer ($264k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $85k; list at $300k implies a 253% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 5→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $258,692 (13.7% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 331 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.86%
Cap rate
6.05%
Cash-on-cash
-0.87%
DSCR
0.96
GRM
9.7

CMA / ARV

ARV (on-the-fly)
$199,100
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5301 SW 30th Ter 0.63mi 2/2.0 956 (+6%) 3mo $210,000 $220 58

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.3% rent growth · sell at horizon

5-year hold
IRR
-19.7%
Equity multiple
0.32×
Total profit
$-56,770
Equity at exit
$44,716
10-year hold
IRR
-16.6%
Equity multiple
0.15×
Total profit
$-71,449
Equity at exit
$25,930

Cash invested: $83,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33312

Rents YoY
1.3%
Active inventory
412
Price-to-rent
9.7×

Monthly cashflow live

Estimated rent
$2,587 high interval (Pro) →
Mortgage (P&I)
$1,573
Tax from tax record
$337 /mo · $4,043/yr
Insurance
$125
HOA
$70
Vacancy / Maint / Mgmt
$543
Net cashflow
$-61

Break-even live

Break-even rent $2,664
Max offer price $289,136
Occupancy floor 97%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$74,975
Closing costs
$8,997
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5221 SW 25th Ave Fort Lauderdale, FL 3.0 2.0 1084 $2,700 $2.49 5d 1 0.09mi
2461 SW 50th St Fort Lauderdale, FL 2.0 2.0 1008 $2,300 $2.28 24d 1 0.18mi
2308 Anchor Ct #2703 Fort Lauderdale, FL 2.0 2.5 1100 $2,200 $2.00 24d 1 0.24mi
5597 Park Rd Fort Lauderdale, FL 3.0 2.0 1038 $3,000 $2.89 24d 1 0.35mi
5741 SW 24th Ave Unit A Fort Lauderdale, FL 3.0 2.0 1056 $3,400 $3.22 7d 1 0.37mi
5741 SW 24th Ave Unit A Fort Lauderdale, FL 3.0 2.0 1056 $3,400 $3.22 2d 1 0.37mi
4850 SW 26th Ave Unit 4 Fort Lauderdale, FL 2.0 2.0 800 $2,200 $2.75 10d 1 0.42mi
4940 SW 28th Ter Fort Lauderdale, FL 2.0 1.0 640 $2,000 $3.12 24d 1 0.46mi
2210 Coral Reef Ct Fort Lauderdale, FL 2.0 2.5 1083 $2,475 $2.29 24d 1 0.47mi
4961 SW 28th Ter Unit 2 Fort Lauderdale, FL 2.0 1.0 800 $2,500 $3.12 24d 1 0.47mi
4951 SW 28th Ter Unit 2 Fort Lauderdale, FL 2.0 1.0 700 $2,600 $3.71 24d 1 0.48mi
4910 SW 28th Ter #3 Fort Lauderdale, FL 1.0 1.0 650 $1,699 $2.61 24d 1 0.49mi
2750 Griffin Rd Fort Lauderdale, FL 1.0 1.0 811 $2,600 $3.21 24d 13 0.51mi
5840 Lakeshore Dr Fort Lauderdale, FL 1.0–3.0 1.0–2.0 1056 $3,034 $2.87 1d 31 0.55mi
2915 W Marina Dr Unit 2915 Fort Lauderdale, FL 1.0 1.0 1080 $1,800 $1.67 17d 1 0.58mi
2939 W Marina Dr Fort Lauderdale, FL 2.0 2.0 800 $2,000 $2.50 5d 1 0.62mi
2939 W Marina Dr Fort Lauderdale, FL 2.0 2.0 800 $2,000 $2.50 10d 1 0.62mi
3100 SW 50th St Fort Lauderdale, FL 2.0 1.5 1110 $2,600 $2.34 2d 1 0.74mi
4963 SW 31st Ter Unit 4963 Fort Lauderdale, FL 2.0 2.5 1110 $2,700 $2.43 22d 1 0.79mi
4904 SW 31st Ter Fort Lauderdale, FL 2.0 1.5 1110 $2,400 $2.16 24d 1 0.80mi
4905 SW 31st Ter #115 Fort Lauderdale, FL 2.0 1.5 1110 $2,500 $2.25 24d 1 0.81mi
4991 SW 32nd Ave Unit 4991 Fort Lauderdale, FL 2.0 2.0 971 $2,650 $2.73 7d 1 0.86mi
4923 SW 32nd Ave Fort Lauderdale, FL 2.0 2.0 971 $2,650 $2.73 2d 1 0.91mi
4923 SW 32nd Ave Fort Lauderdale, FL 2.0 2.0 971 $2,800 $2.88 16d 1 0.91mi
121 N Compass Way Dania, FL 1.0–2.0 1.0–2.0 871 $3,010 $3.45 24d 3 0.95mi
5880 SW 32nd Ter Fort Lauderdale, FL 1.0 1.0 900 $1,800 $2.00 24d 1 0.96mi
3265 Griffin Rd #206 Fort Lauderdale, FL 1.0 1.0 713 $1,700 $2.38 17d 1 0.97mi
120 N Compass Way Dania, FL 1.0–3.0 1.0–2.0 982 $2,819 $2.87 24d 1 0.99mi
4732 SW 33rd Ave #206 Fort Lauderdale, FL 2.0 1.0 773 $1,700 $2.20 24d 1 1.00mi
3800 N Hills Dr Hollywood, FL 1.0–2.0 1.5–2.0 1068 $3,200 $2.99 4d 3 1.02mi
3800 N Hills Dr Hollywood, FL 1.0–2.0 1.5–2.0 1068 $3,200 $2.99 1d 3 1.02mi
3800 N Hills Dr Hollywood, FL 1.0–2.0 1.5–2.0 1068 $3,200 $2.99 14d 4 1.02mi
4000 N Hills Dr #30 Hollywood, FL 1.0 1.5 833 $2,000 $2.40 24d 1 1.04mi
3071 SW 45th St Fort Lauderdale, FL 1.0 1.0 700 $2,000 $2.86 16d 1 1.06mi
4621 SW 33rd Ave Unit 1 Fort Lauderdale, FL 2.0 1.0 900 $2,200 $2.44 24d 1 1.10mi
105 NW 14th Way Dania Beach, FL 2.0 1.0 650 $1,795 $2.76 7d 1 1.15mi
150 S Bryan Rd Dania, FL 3.0 1.0–2.0 865 $2,976 $3.44 1d 25 1.15mi
250 NW 14th Way Unit 250 Dania Beach, FL 3.0 1.0 1023 $3,000 $2.93 24d 1 1.15mi
4040 N Hills Dr #25 Hollywood, FL 1.0 1.5 833 $2,100 $2.52 1d 1 1.16mi
2000 Stirling Rd Hollywood, FL 1.0–3.0 1.0–2.0 993 $3,245 $3.27 1d 19 1.20mi

HOA detail

Monthly dues
$70 · $840/yr

Listing history 17 events

  1. 2026-06-18
    days on market $299,900 Active 331 DOM
  2. 2026-06-17
    days on market $299,900 Active 330 DOM
  3. 2026-06-16
    days on market $299,900 Active 329 DOM
  4. 2026-06-15
    days on market $299,900 Active 328 DOM
  5. 2026-06-13
    days on market $299,900 Active 326 DOM
  6. 2026-06-09
    days on market $299,900 Active 322 DOM
  7. 2026-06-07
    days on market $299,900 Active 320 DOM
  8. 2026-06-04
    days on market $299,900 Active 317 DOM
  9. 2026-06-03
    days on market $299,900 Active 316 DOM
  10. 2026-06-02
    days on market $299,900 Active 315 DOM
  11. 2026-06-01
    days on market $299,900 Active 314 DOM
  12. 2026-05-31
    days on market $299,900 Active 313 DOM
  13. 2025-07-22
    listed $299,900 Active
  14. 2004-08-09
    soldstatus $85,000
  15. 2002-08-06
    soldstatus $65,000
  16. 1993-05-04
    soldstatus $45,000
  17. 1982-12-01
    soldstatus $17,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$4,043 · $337/mo
Projected year-2 tax
$4,043 · $337/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 5 d/yr ≥105°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,043
− Mortgage interest
−$16,799
− Property taxes
−$4,043
− Insurance
−$1,500
− Repairs & maintenance
−$2,483
− Management
−$2,483
− HOA
−$840
− Depreciation
−$8,724
Taxable loss
−$5,830
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,399
After-tax cash flow
$668/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Broward
NCES district ID
1200180
Math proficiency
42% ▼ -18.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$52,139
Composite
40.88/100
National rank
#3621
State rank
#46 of 73 in FL

Livability — Dania Beach

Score
77/100
State rank
#180
US rank
#2806

Category grades

Amenities F Commute A+ Cost of living A Crime B Employment D Housing A Health & safety B+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Dania Beach, FL
County
Broward County · 1,963,430 people
City population
17,094
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
52,798
Household income
$75,952
Rent vs Own
36.3% rent · 63.7% own
Severe rent burden
1903.0

Population outlook (Broward County) Hauer SSP2

Today (2025)
2,207,033 people
By 2030
2,360,704 · +7.0%
By 2040
2,661,208 · +20.6%
By 2050
2,946,698 · +33.5%
By 2075
3,602,273 · +63.2%
By 2100
3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.70)
Race & ethnicity
White 34% Hispanic / Latino 32% Black 29% Two or more races 20% Asian 2%
Hispanic origin (detail)
Mexican 2% Puerto Rican 5% Cuban 6% Salvadoran 1%
Common ancestry
Hispanic 6% Romanian 3% Italian 1%
Foreign-born
33% · Canada, Jamaica, Dominican Republic
Languages at home
59% English-only · Spanish 29% French/Haitian/Cajun 7% Other Indo-European 2%

Political lean MEDSL · Broward

2024 margin
D (+17.0) · D 58.0% · R 41.0%
2008→2024 swing
-17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
All cycles
2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -323.99%
Current HPI
382.6298
Rent YoY
▲ 1.30%
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+1664.1% since first listed
5 events — show timeline
  • 2025-07-22 Listed $299,900 MARMLS
  • 2004-08-09 Sold (Public Records) $85,000 Public Records
  • 2002-08-06 Sold (Public Records) $65,000 Public Records
  • 1993-05-04 Sold (Public Records) $45,000 Public Records
  • 1982-12-01 Sold (Public Records) $17,000 Public Records

Property tax history

+7.5%/yr

Latest (2025): $4,043 · +8.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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