3801 S Ocean Dr APT 9VHollywoodFL33019
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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
Rental property for sale in Hollywood at 3801 S Ocean Dr APT 9V, Hollywood, FL, 33019 priced at $620,000 pairs $6,746/mo rent with $1,432/mo cash flow after a $3,035/mo payment. Total monthly income equals $6,746/mo, and annual cash flow comes to $17,186/yr on $203,980 invested. Return on cash invested is 28.49% in year one, and rental yield stands at 13.06% on a $620,000 basis. Equity gained on principal adds $4,001/yr, and 5% annual appreciation accumulates to $171,295 by year five. Five-year ROI measures 151.96% and total cumulative return in cash reaches $309,963. For financing, Ziffy Mortgage’s DSCR program evaluates $6,746/mo property income against a $3,035/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
$1,199 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: Roman Trovato • Spectrum Realty Group LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11525276
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.