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2611 E Marina Dr
D+ Composite 47.52
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 +21.5/30.0
  • DSCR +6.9/10.0
  • 1% rule +5.9/10.0
  • Schools +4.1/10.0
  • Livability +3.9/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$285,000

2611 E Marina Dr · Dania Beach, FL 33312
3 bd · 2.0 ba · 1,072 sqft · Manufactured public records · 52 Days on market
Built 1972 3,753 sqft lot Est $236k · 21% over $115/mo HOA · 4% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Move in turn key completely remodeled 3 bed 2 bath mobile home! No land lease, you own the land! This home features brand new luxury vinyl flooring throughout, brand new modern tile in the bedrooms and bathrooms. Large and spacious open floor plan perfect for entertaining! Brand new carport installed, brand new stainless steel appliances and washer/dryer in shed. Large covered porch for relaxing and brand new double pane windows throughout the home. This community is perfect for Florida lifestyle, amenities include large heated pool, clubhouse, hot tub, fitness center, golf course, tennis pickleball, BBQ area, bowling, lake with boat ramp, beach area, on site cafe. Just 4 MILES FROM THE

Key facts

  • Large covered porch
  • Completely remodeled
  • Modern tile

Tags

COMPLETELY REMODELEDLUXURY VINYL FLOORINGMODERN TILELARGE COVERED PORCHDOUBLE PANE WINDOWSHEATED POOL

Property features AI

Finance

  • Other: Pets allowed (possible pet restrictions)
  • Financial info: Not a land lease
  • HOA & community: Has association with clubhouse, fitness center, pool, sauna, spa/hot tub, shuffleboard court, manager on site; Association management on site; Monthly HOA fee of 115 (includes trash and common areas)

Exterior

  • Parking: 3 total parking spaces; Attached carport (1 covered carport space); Asphalt and concrete surfaces
  • Utilities: Public water; Public sewer; Other utilities
  • Home design: Mobile home, one story; Entry level: 1; Updated/remodeled condition
  • Construction: Aluminum siding; Shingle roof; Mobile home remains
  • Exterior features: Aluminum skirt; Not waterfront

Interior

  • Kitchen: Kitchen equipped with disposal, dishwasher, electric range, microwave, and refrigerator
  • Bedrooms: 3 bedrooms on the main level
  • Flooring: Vinyl flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central air conditioning; Ceiling fans
  • Interior features: Disposal, Dishwasher, Electric Range, Microwave, Refrigerator; Double pane windows
  • Laundry & utility: Laundry located outside

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 3-bed/2.0-bath manufactured listed at $285k.

Deal economics

  • At list price, monthly cash flow is $428 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $285k).
  • Recommended offer: $276k (3.0% below list) — sets the bar for market timing.
  • Cap rate 8.1% 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: 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.
  • Zoned schools: Mary M Bethune Elementary School (math 27% / reading 27%, grade F, #1,969 of 2,144 statewide, top 94%, 413 students, 90% FRL); Attucks Middle School (math 35% / reading 46%, grade F, #360 of 571 statewide, top 64%, 738 students, 75% FRL); Hollywood Hills High School (math 14% / reading 31%, grade F, #539 of 667 statewide, top 81%, 1,718 students, 68% FRL) — zoned schools average 78% FRL vs 51% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 30% at this address vs 48% district-wide (-18 pts) — the specific schools serving this property underperform the Broward average; the district grade overstates school quality for this exact location.
  • 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 25d 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).
  • At $3,104/mo this rent would consume 49% of the median local household income ($76k/yr) (locally 1903% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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 52 days — a 3% lower offer ($276k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $160k; list at $285k implies a 78% 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 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $276,450 (3.0% below list)

Questions for the listing agent

  1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.09%
Cap rate
8.09%
Cash-on-cash
6.43%
DSCR
1.29
GRM
7.7

CMA / ARV

ARV (on-the-fly)
$235,840
Comps found
2
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2840 SW Cypress Dr 0.33mi 3/2.0 1,176 (+10%) 2mo $135,999 $116 67
5301 SW 30th Ter 0.54mi 2/2.0 (-1) 956 (-11%) 3mo $210,000 $220 49

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
-8.4%
Equity multiple
0.70×
Total profit
$-24,085
Equity at exit
$42,494
10-year hold
IRR
-1.2%
Equity multiple
0.92×
Total profit
$-6,277
Equity at exit
$24,642

Cash invested: $79,800 (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
7.7×

Monthly cashflow live

Estimated rent
$3,104 high interval (Pro) →
Mortgage (P&I)
$1,495
Tax from tax record
$296 /mo · $3,556/yr
Insurance
$119
HOA
$115
Vacancy / Maint / Mgmt
$652
Net cashflow
$428

Break-even live

Break-even rent $2,563
Max offer price $285,000
Occupancy floor 81%

Sensitivity live

Price -10% $589 -5% $508 +0% $428 +5% $347 +10% $266
Rent -10% $182 -5% $305 +0% $428 +5% $550 +10% $673
Rate -1.0pp $571 -0.5pp $500 base $428 +0.5pp $354 +1.0pp $279

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
$71,250
Closing costs
$8,550
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
5434 SW 25th Ave Fort Lauderdale, FL 3.0 2.0 1318 $3,750 $2.85 25d 1 0.06mi
5420 SW 25th Ave Fort Lauderdale, FL 3.0 2.0 1135 $2,975 $2.62 25d 1 0.06mi
5597 Park Rd Fort Lauderdale, FL 3.0 2.0 1038 $3,000 $2.89 25d 1 0.16mi
5605 SW 24th Ave Fort Lauderdale, FL 3.0 2.0 1333 $3,500 $2.63 25d 1 0.19mi
5221 SW 25th Ave Fort Lauderdale, FL 3.0 2.0 1084 $2,700 $2.49 6d 1 0.20mi
5643 Park Rd Fort Lauderdale, FL 3.0 2.0 1284 $3,200 $2.49 25d 1 0.21mi
5741 SW 24th Ave Unit A Fort Lauderdale, FL 3.0 2.0 1056 $3,400 $3.22 3d 1 0.28mi
5741 SW 24th Ave Unit A Fort Lauderdale, FL 3.0 2.0 1056 $3,400 $3.22 8d 1 0.28mi
5180 SW 27th Ter Fort Lauderdale, FL 3.0 2.0 1495 $3,000 $2.01 21d 1 0.30mi
2461 SW 50th St Fort Lauderdale, FL 2.0 2.0 1008 $2,300 $2.28 25d 1 0.32mi
2701 SW 58th Mnr Unit B Fort Lauderdale, FL 2.0 2.0 1292 $2,750 $2.13 21d 1 0.36mi
2460 SW 58th Mnr Fort Lauderdale, FL 3.0 2.0 1300 $3,400 $2.62 25d 1 0.36mi
2460 SW 58th Mnr Unit 1-2 Fort Lauderdale, FL 3.0 2.0 1300 $3,300 $2.54 25d 1 0.36mi
5840 Lakeshore Dr Fort Lauderdale, FL 1.0–3.0 1.0–2.0 1056 $3,787 $3.59 2d 31 0.37mi
2325 Mariner Ct #2809 Fort Lauderdale, FL 3.0 2.5 1391 $2,575 $1.85 25d 1 0.41mi
2308 Anchor Ct #2703 Fort Lauderdale, FL 2.0 2.5 1100 $2,200 $2.00 25d 1 0.42mi
4965 Leeward Ln Fort Lauderdale, FL 3.0 2.5 1379 $2,750 $1.99 25d 1 0.42mi
2630 SW 49th Ct Fort Lauderdale, FL 3.0 3.0 1404 $3,195 $2.28 25d 1 0.42mi
4961 Leeward Ln #3102 Fort Lauderdale, FL 3.0 3.0 1382 $2,850 $2.06 11d 1 0.43mi
2307 Anchor Ct #4006 Fort Lauderdale, FL 3.0 3.0 1382 $2,700 $1.95 4d 1 0.44mi
2307 Anchor Ct #4006 Fort Lauderdale, FL 3.0 3.0 1382 $2,700 $1.95 25d 1 0.44mi
4964 Leeward Ln Fort Lauderdale, FL 3.0 2.5 1400 $3,000 $2.14 25d 1 0.44mi
2939 W Marina Dr Fort Lauderdale, FL 2.0 2.0 800 $2,000 $2.50 6d 1 0.45mi
2939 W Marina Dr Fort Lauderdale, FL 2.0 2.0 800 $2,000 $2.50 11d 1 0.45mi
4961 SW 28th Ter Unit 2 Fort Lauderdale, FL 2.0 1.0 800 $2,500 $3.12 25d 1 0.49mi
4920 SW 27th Ave Unit 4920 Fort Lauderdale, FL 3.0 2.0 1140 $3,500 $3.07 4d 1 0.49mi
4920 SW 27th Ave Fort Lauderdale, FL 3.0 2.0 1140 $3,500 $3.07 25d 1 0.49mi
4951 SW 28th Ter Unit 2 Fort Lauderdale, FL 2.0 1.0 700 $2,600 $3.71 25d 1 0.49mi
4125 N 32nd Ct Hollywood, FL 2.0 1.0 1210 $2,950 $2.44 22d 1 0.51mi
4950 Tradewinds Ter #505 Fort Lauderdale, FL 3.0 3.0 1382 $2,700 $1.95 15d 1 0.53mi
4950 Tradewinds Ter #505 Fort Lauderdale, FL 3.0 3.0 1382 $2,700 $1.95 11d 1 0.53mi
3028 Lakeshore Dr Fort Lauderdale, FL 3.0 2.0 1472 $2,350 $1.60 25d 1 0.53mi
4850 SW 26th Ave Unit 4 Fort Lauderdale, FL 2.0 2.0 800 $2,200 $2.75 11d 1 0.54mi
2119 Anchor Ct Fort Lauderdale, FL 3.0 3.0 1400 $3,000 $2.14 25d 1 0.55mi
4939 N Harbor Isles Dr #106 Fort Lauderdale, FL 3.0 3.0 1382 $2,700 $1.95 25d 1 0.58mi
4939 N Harbor Isles Dr #106 Fort Lauderdale, FL 3.0 3.0 1382 $2,680 $1.94 2d 1 0.58mi
4907 Spinnaker Dr #4807 Fort Lauderdale, FL 3.0 2.5 1391 $2,650 $1.91 8d 1 0.59mi
2210 Coral Reef Ct Fort Lauderdale, FL 2.0 2.5 1083 $2,475 $2.29 25d 1 0.65mi
5201 SW 31st Ave #183 Fort Lauderdale, FL 3.0 2.0 1412 $2,500 $1.77 25d 1 0.66mi
3100 SW 50th St Fort Lauderdale, FL 2.0 1.5 1110 $2,600 $2.34 3d 1 0.68mi

HOA detail

Monthly dues
$115 · $1,380/yr
Likely covers
poolgym

Listing history 20 events

  1. 2026-06-18
    days on market $285,000 Active 52 DOM
  2. 2026-06-17
    days on market $285,000 Active 51 DOM
  3. 2026-06-16
    days on market $285,000 Active 50 DOM
  4. 2026-06-15
    days on market $285,000 Active 49 DOM
  5. 2026-06-13
    days on market $285,000 Active 47 DOM
  6. 2026-06-09
    days on market $285,000 Active 43 DOM
  7. 2026-06-08
    days on market $285,000 Active 42 DOM
  8. 2026-06-07
    days on market $285,000 Active 41 DOM
  9. 2026-06-04
    days on market $285,000 Active 38 DOM
  10. 2026-06-03
    days on market $285,000 Active 37 DOM
  11. 2026-06-02
    days on market $285,000 Active 36 DOM
  12. 2026-06-01
    days on market $285,000 Active 35 DOM
  13. 2026-05-31
    days on market $285,000 Active 34 DOM
  14. 2026-04-27
    listed $285,000 Active
  15. 2026-03-10
    soldstatus $160,000
  16. 2025-12-05
    soldstatus $135,000
  17. 1997-12-29
    soldstatus $42,500
  18. 1997-12-29
    soldstatus $42,500
  19. 1997-12-16
    soldstatus $42,500
  20. 1978-12-01
    soldstatus $25,000

ⓘ 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
$3,556 · $296/mo
Projected year-2 tax
$3,556 · $296/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 7 d/yr ≥105°F today · 26 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

Loading nearby amenities…

Taxation est. · year 1

Rental income
$37,251
− Mortgage interest
−$15,964
− Property taxes
−$3,556
− Insurance
−$1,425
− Repairs & maintenance
−$2,980
− Management
−$2,980
− HOA
−$1,380
− Depreciation
−$8,291
Taxable income
$674
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$162
After-tax cash flow
$4,970/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

+1040.0% since first listed
7 events — show timeline
  • 2026-04-27 Listed $285,000 Beaches MLS
  • 2026-03-10 Sold (Public Records) $160,000 Public Records
  • 2025-12-05 Sold (Public Records) $135,000 Public Records
  • 1997-12-29 Sold (Public Records) $42,500 Public Records
  • 1997-12-29 Sold (Public Records) $42,500 Public Records
  • 1997-12-16 Sold (Public Records) $42,500 Public Records
  • 1978-12-01 Sold (Public Records) $25,000 Public Records

Property tax history

+12.9%/yr

Latest (2025): $3,556 · +9.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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