1936 S Ocean Dr APT 6DHallandaleFL33009
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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 Hallandale at 1936 S Ocean Dr APT 6D, Hallandale, FL, 33009 earns $190/mo cash flow from $2,234/mo rent with a $1,150/mo payment. Total monthly income totals $2,234/mo, and annual cash flow totals $2,278/yr on $77,903 capital. ROI tracks 22.83% on current figures, and rental yield reads 11.41% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 121.82% and total cumulative return in cash sums $94,900. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,234/mo property income instead of your personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
$358 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
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Listed by: Richard Fonseca • Real Estate Sales Force
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11830724
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.