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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hollywood at 251 Berkley Rd APT 304, Hollywood, FL, 33024 offers a 25.15% rental yield on a $129,900 purchase with $2,723/mo rent. Total monthly income registers $2,723/mo, and a $636/mo payment leaves $1,276/mo available for distribution. Annual cash flow reaches $15,312/yr on $43,062 to close, and return on cash invested stands at 55.47% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 300% and total cumulative return in cash at $129,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,723/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
$504 monthly HOA
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
| 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 |
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Listed for sale | $129,900 |
| 2011-12-30 | Sold | $42,000 |
| 2011-09-21 | Price change | $45,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $2125.30 | 14.17% | $73,120 | 9.99% |
| 2022-09-03 | $1861.52 | 17.23% | $66,480 | 9.99% |
| 2021-09-03 | $1587.91 | -0.72% | $60,440 | -1.61% |
Listed by: Patricia Vasquez • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11628835
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.
