160 NE 8th Ave APT 11AHallandale BeachFL33009
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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 Hallandale Beach at 160 NE 8th Ave APT 11A, Hallandale Beach, FL, 33009 listed at $114,999 pairs $905/mo rent with a $563/mo payment to leave $8/mo cash flow. Total monthly income runs $905/mo, and annual cash flow reaches $101/yr on $38,122 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 9.44% at a $114,999 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 106.45% and total cumulative return in cash totals $40,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $905/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1964
N/A lot
$N/A/sqft
$400 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33009, Hallandale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,110 (100%) |
| Owner Occupied HU | 11,140 (35.8%) |
| Renter Occupied HU | 10,432 (33.5%) |
| Vacant Housing Units | 9,538 (30.7%) |
| Median Home Value | $364,881 |
| Average Home Value | $441,762 |
Housing Distribution
Address Breakdown
Residential
26,501
Single Family
8,209
Multi-Family
18,292
Businesses
2,056
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Listed by: Margend Palacios PA • Sellstate Powerhouse Real Estate Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11841912
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.