2802 N 46th Ave #321BHollywoodFL33021
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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 Hollywood at 2802 N 46th Ave #321B, Hollywood, FL, 33021 uses $82,875 cash to close to unlock $487/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $1,700/mo, and a $1,224/mo payment keeps the spread at $41/mo. Purchase price stands at $249,999, and rental yield measures 8.16% with $1,700/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 106.6% and total cumulative return in cash records $88,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,700/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No 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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