3901 S Ocean Dr APT 10QHollywoodFL33019
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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
Total monthly income runs $3,594/mo, and a $2,104/mo payment. Purchase price stands at $429,777, and rental yield measures 10.03% with $3,594/mo rent. Return on cash invested shows 15.38% in year one, and 5% annual appreciation builds toward $118,739 over five years. Five-year ROI reaches 83.07% and total cumulative return in cash records $118,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,594/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$923 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: Anahid Boyadjian PA • Florida Deluxe Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11505940
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.