3901 S Ocean Dr APT 2EHollywoodFL33019
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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 3901 S Ocean Dr APT 2E, Hollywood, FL, 33019 earns from $5,111/mo rent with a $3,177/mo payment. Total monthly income totals $5,111/mo. ROI tracks 13.89% on current figures, and rental yield reads 9.45% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 75.02% and total cumulative return in cash sums $160,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,111/mo property income instead of your personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$1,488 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: Sergio Kaplan • Carden Realty & Investment Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11725913
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.