309 SE 3rd AveHallandaleFL33009
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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 at 309 SE 3rd Ave, Hallandale, FL, 33009 at $638,000 posts ROI 15.46% with from $3,504/mo rent. Total monthly income equals $3,504/mo. Return on cash invested measures 15.46% and rental yield reads 6.59% at the current $638,000. Equity gained on principal adds $4,117/yr, and 5% annual appreciation supports $176,268 by year five. Five-year ROI prints 79.71% and total cumulative return in cash totals $167,318. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,504/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
5,050 sqft 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: Jacob Assouline • Luxuri International Real Estate Miami, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11817550
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.