1111 Washington StHollywoodFL33019
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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
Rental property for sale in Hollywood at 1111 Washington St, Hollywood, FL, 33019 offers $18,622/mo rent that, after a $9,006/mo payment, leaves $5,531/mo cash flow. Total monthly income is $18,622/mo, and annual cash flow is $66,374/yr on $596,160 cash. Return on cash invested measures 31.5% in year one, and rental yield stands at 12.14% at a $1,840,000 entry. Equity gained on principal adds $11,873/yr while 5% annual appreciation compounds into $508,358 by year five. Five-year ROI records 166.16% and total cumulative return in cash reaches $990,606. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $18,622/mo property income versus a $9,006/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
7,934 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33019, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,099 (100%) |
| Owner Occupied HU | 5,681 (43.4%) |
| Renter Occupied HU | 2,263 (17.3%) |
| Vacant Housing Units | 5,155 (39.4%) |
| Median Home Value | $719,086 |
| Average Home Value | $861,154 |
Housing Distribution
Address Breakdown
Residential
11,320
Single Family
3,434
Multi-Family
7,886
Businesses
315
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Nearby investment properties with comparable prices
Listed by: Joseph Morgan • Coldwell Banker Realty /Delray Beach
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10422830
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 2024 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.