1801 S Ocean Dr APT 334HallandaleFL33009
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1801 S Ocean Dr APT 334, Hallandale, FL, 33009 in Hallandale speaks for itself: 15.34% gross on a $204,500 price, generating $2,614/mo in rent and $681/mo in net income after the $920/mo debt service. DSCR 2.84, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,177 stacks alongside $56,500 in projected five-year appreciation and $1,883/yr in principal reduction. Projected total cumulative return: $124,296.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.3% | 6.0% |
| Monthly Cash Flow | $681 | $200 |
City averages based on Hallandale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,614 |
| Total Monthly Debt Service | $1,851 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1970
N/A lot
$N/A/sqft
$350 monthly 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
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
Apartment
Built in 1970
N/A lot
$N/A/sqft
$350 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A