3101 S Ocean Dr APT 1202HollywoodFL33019
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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 3101 S Ocean Dr APT 1202, Hollywood, FL, 33019 listed at $1,769,000 pairs $6,310/mo rent with a $8,658/mo payment. Total monthly income runs $6,310/mo. Return on cash invested measures 2% in year one, and rental yield registers 4.28% at a $1,769,000 basis. Equity gained on principal adds $11,415/yr, and annual property appreciation at 5% supports $488,742 by year five. Five-year ROI tracks 9.87% and total cumulative return in cash totals $56,578. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,310/mo property income relative to a $8,658/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
$2,442 monthly 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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Listed by: Mona Zevel • Julies Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11782209
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.