1509 Fletcher StHollywoodFL33020
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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 1509 Fletcher St, Hollywood, FL, 33020 priced at $635,000 converts $5,278/mo rent into $1,064/mo cash flow after a $3,108/mo obligation. Total monthly income equals $5,278/mo, and annual cash flow totals $12,768/yr on $208,915 invested. Return on cash invested prints 26.17% in year one, and rental yield reads 9.97% against a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation compiles into $175,439 by year five. Five-year ROI reaches 137.01% and total cumulative return in cash sums $286,232. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,278/mo property income covering a $3,108/mo payment, not borrower’s personal income.
Single Family
Built in 1957
8,192 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33020, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,911 (100%) |
| Owner Occupied HU | 7,310 (30.6%) |
| Renter Occupied HU | 13,286 (55.6%) |
| Vacant Housing Units | 3,315 (13.9%) |
| Median Home Value | $446,552 |
| Average Home Value | $480,629 |
Housing Distribution
Address Breakdown
Residential
20,403
Single Family
11,732
Multi-Family
8,671
Businesses
2,020
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