2617 N 40th Ave #A-2HollywoodFL33021
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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 2617 N 40th Ave #A-2, Hollywood, FL, 33021 generates $4,591/mo in rent and, after a $1,853/mo payment, leaves $1,528/mo in cash flow. Total monthly income is $4,591/mo, and annual cash flow is $18,332/yr on $125,506 invested. Return on cash invested sits at 34.52% in year one, and rental yield is 14.55% on a $378,600 entry. Equity gained on principal adds $2,443/yr, while 5% annual appreciation builds toward $104,600 over five years. Five-year ROI reaches 183.67% and total cumulative return in cash sums $230,513. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,591/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$455 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33021, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,028 (100%) |
| Owner Occupied HU | 14,086 (61.2%) |
| Renter Occupied HU | 7,015 (30.5%) |
| Vacant Housing Units | 1,927 ( 8.4%) |
| Median Home Value | $474,258 |
| Average Home Value | $504,041 |
Housing Distribution
Address Breakdown
Residential
21,352
Single Family
13,983
Multi-Family
7,369
Businesses
1,471
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