2602 E Hallandale Beach Blvd #R703HallandaleFL33009
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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 Hallandale at 2602 E Hallandale Beach Blvd #R703, Hallandale, FL, 33009 listed at $434,000 pairs $2,892/mo rent with a $2,124/mo payment to leave $12/mo cash flow. Total monthly income runs $2,892/mo, and annual cash flow reaches $145/yr on $143,871 cash to close. Return on cash invested measures 20.01% in year one, and rental yield registers 8% at a $434,000 basis. Equity gained on principal adds $2,801/yr, and annual property appreciation at 5% supports $119,906 by year five. Five-year ROI tracks 103.99% and total cumulative return in cash totals $149,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,892/mo property income relative to a $2,124/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33009, Hallandale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,110 (100%) |
| Owner Occupied HU | 11,140 (35.8%) |
| Renter Occupied HU | 10,432 (33.5%) |
| Vacant Housing Units | 9,538 (30.7%) |
| Median Home Value | $364,881 |
| Average Home Value | $441,762 |
Housing Distribution
Address Breakdown
Residential
26,501
Single Family
8,209
Multi-Family
18,292
Businesses
2,056
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Listed by: Noelia Perales • Finka Realty Group, LLC
Mls Name: MIAMI
Mls ID: #A11913245