2406 N 28th AveHollywoodFL33020
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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 2406 N 28th Ave, Hollywood, FL, 33020 uses $207,270 cash to close to unlock $3,177/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $4,446/mo, and a $3,084/mo payment keeps the spread at $265/mo. Purchase price stands at $630,000, and rental yield measures 8.47% with $4,446/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 112.43% and total cumulative return in cash records $233,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,446/mo property income covering a $3,084/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,930 sqft 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
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