1402 Myrtle Oak TerHollywoodFL33021
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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 1402 Myrtle Oak Ter, Hollywood, FL, 33021 at $928,000 posts ROI 21.24% with $301/mo cash flow from $6,822/mo rent. Total monthly income equals $6,822/mo, and annual cash flow records $3,609/yr on $305,312 to close. Return on cash invested measures 21.24% and rental yield reads 8.82% at the current $928,000. Equity gained on principal adds $5,988/yr, and 5% annual appreciation supports $256,389 by year five. Five-year ROI prints 111.06% and total cumulative return in cash totals $339,090.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,822/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
4,464 sqft lot
$N/A/sqft
$363 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33021, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,028 (100%) |
| Owner Occupied HU | 14,086 (61.2%) |
| Renter Occupied HU | 7,015 (30.5%) |
| Vacant Housing Units | 1,927 ( 8.4%) |
| Median Home Value | $474,258 |
| Average Home Value | $504,041 |
Housing Distribution
Address Breakdown
Residential
21,352
Single Family
13,983
Multi-Family
7,369
Businesses
1,471
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Listed by: Iuliia Lakhtadyr • Trust Invest Real Estate Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11842241
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.