3000 S Ocean Dr APT 1210HollywoodFL33019
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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 3000 S Ocean Dr APT 1210, Hollywood, FL, 33019 offers a 8.35% rental yield on a $319,997 purchase with $2,227/mo rent. Total monthly income registers $2,227/mo, and a $1,566/mo payment leaves $104/mo available for distribution. Annual cash flow reaches $1,244/yr on $106,079 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,409 over five years. Portfolio math shows five-year ROI at 109.73% and total cumulative return in cash at $116,402. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,227/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33019, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,099 (100%) |
| Owner Occupied HU | 5,681 (43.4%) |
| Renter Occupied HU | 2,263 (17.3%) |
| Vacant Housing Units | 5,155 (39.4%) |
| Median Home Value | $719,086 |
| Average Home Value | $861,154 |
Housing Distribution
Address Breakdown
Residential
11,320
Single Family
3,434
Multi-Family
7,886
Businesses
315
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