3351 Emerald Oaks Dr #103HollywoodFL33021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3351 Emerald Oaks Dr #103, Hollywood, FL, 33021 uses $119,340 cash to close to unlock $5,052/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,810/mo, and a $1,762/mo payment keeps the spread at $421/mo. Purchase price stands at $360,000, and rental yield measures 9.37% with $2,810/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 126.11% and total cumulative return in cash records $150,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,810/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33021, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,028 (100%) |
| Owner Occupied HU | 14,086 (61.2%) |
| Renter Occupied HU | 7,015 (30.5%) |
| Vacant Housing Units | 1,927 ( 8.4%) |
| Median Home Value | $474,258 |
| Average Home Value | $504,041 |
Housing Distribution
Address Breakdown
Residential
21,352
Single Family
13,983
Multi-Family
7,369
Businesses
1,471
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices