4111 S Ocean Dr #1810HollywoodFL33019
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow4111 S Ocean Dr #1810, Hollywood, FL, 33019 in Hollywood is a solid income-producing rental, 11.73% gross yield, $3,729/mo rent, $296/mo net cash flow on a $599,000 buy. DSCR 1.38 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $165,493 and $5,517/yr in principal reduction project a total cumulative return of $117,520.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.5% |
| Monthly Cash Flow | $296 | $200 |
City averages based on Hollywood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,729 |
| Total Monthly Debt Service | $5,320 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2017
N/A lot
$N/A/sqft
$1,179 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2017
N/A lot
$N/A/sqft
$1,179 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Cecili Cormack • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11628082
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.