1720 Jefferson St #514HollywoodFL33020
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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 1720 Jefferson St #514, Hollywood, FL, 33020 uses $102,765 cash to close to unlock $7,357/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $2,670/mo, and a $1,517/mo payment keeps the spread at $613/mo. Purchase price stands at $310,000, and rental yield measures 10.34% with $2,670/mo rent. Return on cash invested shows 27.07% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 141.85% and total cumulative return in cash records $145,771. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,670/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A 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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