1255 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 1255 Washington St, Hollywood, FL, 33019 priced at $879,000 converts $6,584/mo rent into $196/mo cash flow after a $4,302/mo obligation. Total monthly income equals $6,584/mo, and annual cash flow totals $2,350/yr on $289,191 invested. Return on cash invested prints 20.87% in year one, and rental yield reads 8.99% against a $879,000 entry. Equity gained on principal adds $5,672/yr, while 5% annual appreciation compiles into $242,851 by year five. Five-year ROI reaches 109.4% and total cumulative return in cash sums $316,362. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,584/mo property income covering a $4,302/mo payment, not borrower’s personal income.
Single Family
Built in 1953
7,038 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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Listed by: Alejandro Bruno • RE/MAX 5 Star Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11714617
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.