3001 S Ocean Dr #439HollywoodFL33019
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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 3001 S Ocean Dr #439, Hollywood, FL, 33019 uses $96,135 cash to close to unlock $1,763/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $2,071/mo, and a $1,419/mo payment keeps the spread at $147/mo. Purchase price stands at $290,000, and rental yield measures 8.57% with $2,071/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 113.26% and total cumulative return in cash records $108,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,071/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1966
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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