2145 Pierce St APT 320HollywoodFL33020
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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 2145 Pierce St APT 320, Hollywood, FL, 33020 offers a 10.88% rental yield on a $175,900 purchase with $1,595/mo rent. 36% in year one. Equity gained on principal adds $1,135/yr while 5% annual appreciation supports $48,598 over five years. Portfolio math shows five-year ROI at 98.89% and total cumulative return in cash at $57,661. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,595/mo property income against a $861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
$389 monthly 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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Listed by: Jose Castro • RE/MAX 5 Star Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11726036
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.