1617 Harrison St #4HollywoodFL33020
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1617 Harrison St #4, Hollywood, FL, 33020 at $1,096,000 posts ROI 23.41% with $900/mo cash flow from $8,209/mo rent. Total monthly income equals $8,209/mo, and annual cash flow records $10,802/yr on $355,104 to close. Return on cash invested measures 23.41% and rental yield reads 8.99% at the current $1,096,000. Equity gained on principal adds $7,072/yr, and 5% annual appreciation supports $302,805 by year five. Five-year ROI prints 122.18% and total cumulative return in cash totals $433,860.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,209/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2002
N/A lot
$N/A/sqft
$36 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Mager • Compass Florida, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10444644
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.