2 Briarwood Cir APT 212HollywoodFL33024
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 2 Briarwood Cir APT 212, Hollywood, FL, 33024 in Hollywood worth modelling. At $269,000 with a 11.16% gross yield, the $2,501/mo rent leaves $151/mo after the $1,210/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.07 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $74,320 by year five; $2,478/yr in principal reduction adds further equity. Total projected return: $148,597.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 5.5% |
| Monthly Cash Flow | $151 | $200 |
City averages based on Hollywood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,501 |
| Total Monthly Debt Service | $1,678 |
| DSCR Ratio | 1.49x |
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.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Housing Distribution
Address Breakdown
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
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
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Housing Distribution
Address Breakdown
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices