2324 Van Buren St APT 204HollywoodFL33020
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2324 Van Buren St APT 204, Hollywood, FL, 33020 in Hollywood speaks for itself: 11.26% gross on a $280,000 price, generating $2,628/mo in rent and $770/mo in net income after the $1,259/mo debt service. DSCR 2.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,238 stacks alongside $77,359 in projected five-year appreciation and $2,579/yr in principal reduction. Projected total cumulative return: $156,301.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.5% |
| Monthly Cash Flow | $770 | $200 |
City averages based on Hollywood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,628 |
| Total Monthly Debt Service | $1,747 |
| DSCR Ratio | 1.50x |
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 1979
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
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 1979
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