2901 Jackson St APT 11HollywoodFL33020
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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 2901 Jackson St APT 11, Hollywood, FL, 33020 generates $2,756/mo in rent and, after a $831/mo payment, leaves $1,298/mo in cash flow. Total monthly income is $2,756/mo, and annual cash flow is $15,573/yr on $56,289 invested. Return on cash invested sits at 47.57% in year one, and rental yield is 19.48% on a $169,800 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,913 over five years. Five-year ROI reaches 254.36% and total cumulative return in cash sums $143,178. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,756/mo property income rather than buyer’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
$900 quarterly 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: Ximena Andino • Pro Agents Realty Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10453717
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.