2608 Funston StHollywoodFL33020
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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 2608 Funston St, Hollywood, FL, 33020 priced at $850,000 converts $6,991/mo rent into $1,351/mo cash flow after a $4,160/mo obligation. Total monthly income equals $6,991/mo, and annual cash flow totals $16,207/yr on $279,650 invested. Return on cash invested prints 25.86% in year one, and rental yield reads 9.87% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 135.29% and total cumulative return in cash sums $378,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,991/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.29 Acres 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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Listed by: Liliam Brito • A & B Realty Investments Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11718662
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.