1500 S Ocean Dr #B16HollywoodFL33019
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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 1500 S Ocean Dr #B16, Hollywood, FL, 33019 earns from $3,303/mo rent with a $1,844/mo payment. Total monthly income totals $3,303/mo. ROI tracks 17.18% on current figures, and rental yield reads 10.52% at a $376,800 purchase. Equity gained on principal adds $2,431/yr, and 5% annual appreciation supports $104,103 over five years. Five-year ROI reaches 92.61% and total cumulative return in cash sums $115,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,303/mo property income instead of your personal income.
Apartment
Built in 1973
N/A lot
$N/A/sqft
$665 monthly 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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