1709 N 59th 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 1709 N 59th Ter, Hollywood, FL, 33021 uses $139,197 cash to close to unlock $7,868/yr annual cash flow and $656/mo monthly cash flow. Total monthly income runs $3,442/mo, and a $2,055/mo payment keeps the spread at $656/mo. Purchase price stands at $419,900, and rental yield measures 9.84% with $3,442/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 133.74% and total cumulative return in cash records $186,156. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,442/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1956
6,307 sqft lot
$N/A/sqft
No 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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