2524 Hayes St APT 9HollywoodFL33020
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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
Rental property for sale in Hollywood at 2524 Hayes St APT 9, Hollywood, FL, 33020 generates $894/mo in rent and, after a $562/mo payment, leaves $132/mo in cash flow. Total monthly income is $894/mo, and annual cash flow is $1,583/yr on $38,089 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 9.34% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 125.71% and total cumulative return in cash sums $47,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $894/mo property income rather than buyer’s personal income.
Condo
Built in 1960
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
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