3801 S Ocean Dr APT 8OHollywoodFL33019
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 3801 S Ocean Dr APT 8O, Hollywood, FL, 33019 listed at $620,000 pairs $6,738/mo rent with a $3,035/mo payment to leave $950/mo cash flow. Total monthly income runs $6,738/mo, and annual cash flow reaches $11,403/yr on $203,980 cash to close. Return on cash invested measures 25.65% in year one, and rental yield registers 13.04% at a $620,000 basis. Equity gained on principal adds $4,001/yr, and annual property appreciation at 5% supports $171,295 by year five. Five-year ROI tracks 137.77% and total cumulative return in cash totals $281,031. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,738/mo property income relative to a $3,035/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1969
N/A lot
$N/A/sqft
$1,210 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Paz • IRA Properties, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11633335
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.