400 N Surf Rd PENTHOUSE 1HollywoodFL33019
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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 400 N Surf Rd PENTHOUSE 1, Hollywood, FL, 33019 earns $719/mo cash flow from $7,855/mo rent with a $4,106/mo payment. Total monthly income totals $7,855/mo, and annual cash flow totals $8,622/yr on $276,031 capital. ROI tracks 23.18% on current figures, and rental yield reads 11.23% at a $839,000 purchase. Equity gained on principal adds $5,414/yr, and 5% annual appreciation supports $231,800 over five years. Five-year ROI reaches 123.43% and total cumulative return in cash sums $340,716. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,855/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$1,105 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: Griffin Wallace • One Investment Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10447376
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.