13355 SW 16th Ct APT 406EHollywoodFL33027
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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
Investment property for sale in Hollywood at 13355 SW 16th Ct APT 406E, Hollywood, FL, 33027 uses $66,300 cash to close to unlock $956/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $1,407/mo, and a $979/mo payment keeps the spread at $80/mo. Purchase price stands at $200,000, and rental yield measures 8.44% with $1,407/mo rent. Return on cash invested shows 21.35% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 111.18% and total cumulative return in cash records $73,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,407/mo property income covering a $979/mo payment rather than investor’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33027, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,401 (100%) |
| Owner Occupied HU | 18,626 (73.3%) |
| Renter Occupied HU | 5,765 (22.7%) |
| Vacant Housing Units | 1,010 ( 4.0%) |
| Median Home Value | $520,520 |
| Average Home Value | $539,897 |
Housing Distribution
Address Breakdown
Residential
24,250
Single Family
15,105
Multi-Family
9,145
Businesses
1,170
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