2470 Centergate Dr APT 101, Hollywood, FL, 33025 | $974/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2470 Centergate Dr APT 101, Hollywood, FL, 33025 | $974/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hollywood at 2470 Centergate Dr APT 101, Hollywood, FL, 33025 generates $3,230/mo in rent and, after a $1,664/mo payment, leaves $974/mo in cash flow. Total monthly income is $3,230/mo, and annual cash flow is $11,686/yr on $112,710 invested. Return on cash invested sits at 30.28% in year one, and rental yield is 11.4% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 159.02% and total cumulative return in cash sums $179,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,230/mo property income rather than buyer’s personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

This charming one-story villa features two bedrooms, two bathrooms, and a one-car garagean ideal opportunity for both investors and/or end users. The A/C was replaced in 2019, offering peace of mind and added value. Located within a beautiful resort-style gated community, residents enjoy access to pools, a gym, clubhouse, tennis courts, and a BBQ area. The property is perfectly situated with excellent access to major roads, including the Turnpike, I-75, and Red Road, making commuting and connectivity a breeze.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,536 (100%)
Owner Occupied HU	12,747 (40.4%)
Renter Occupied HU	16,717 (53.0%)
Vacant Housing Units	2,072 ( 6.6%)
Median Home Value	$399,882
Average Home Value	$450,128