300 Diplomat Parkway #606Hallandale BeachFL33009
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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 Beach at 300 Diplomat Parkway #606, Hallandale Beach, FL, 33009 earns $650/mo cash flow from $2,376/mo rent with a $1,273/mo payment. Total monthly income totals $2,376/mo, and annual cash flow totals $7,802/yr on $86,190 capital. ROI tracks 28.96% on current figures, and rental yield reads 10.97% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 152.01% and total cumulative return in cash sums $131,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,376/mo property income instead of your personal income.
Condo
Built in 1970
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: Mariya Ilazarova • LoKation
Mls Name: BeachesMLS
Mls ID: #RX-11130421