401 N Federal Hwy #307HollywoodFL33020
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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 $1,777/mo, and a $2,383/mo payment. Purchase price stands at $486,900, and rental yield measures 4.38% with $1,777/mo rent. Return on cash invested shows 9.1% in year one, and 5% annual appreciation builds toward $134,521 over five years. Five-year ROI reaches 45.45% and total cumulative return in cash records $73,355. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,777/mo property income covering a $2,383/mo payment rather than investor’s personal income.
Condo
Built in 2028
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33020, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,911 (100%) |
| Owner Occupied HU | 7,310 (30.6%) |
| Renter Occupied HU | 13,286 (55.6%) |
| Vacant Housing Units | 3,315 (13.9%) |
| Median Home Value | $446,552 |
| Average Home Value | $480,629 |
Housing Distribution
Address Breakdown
Residential
20,403
Single Family
11,732
Multi-Family
8,671
Businesses
2,020
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