1824 Monroe St APT 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 1824 Monroe St APT 4, Hollywood, FL, 33020 uses $55,858 cash to close to unlock $2,826/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $1,354/mo, and a $825/mo payment keeps the spread at $236/mo. Purchase price stands at $168,500, and rental yield measures 9.64% with $1,354/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $46,553 over five years. Five-year ROI reaches 130.59% and total cumulative return in cash records $72,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,354/mo property income covering a $825/mo payment rather than investor’s personal income.
Condo
Built in 1970
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices