450 S Park Rd #5309HollywoodFL33021
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
Investment Highlights
Investment property for sale in Hollywood at 450 S Park Rd #5309, Hollywood, FL, 33021 earns from $2,108/mo rent with a $1,202/mo payment. Total monthly income totals $2,108/mo. ROI tracks 14.03% on current figures, and rental yield reads 10.3% at a $245,600 purchase. Equity gained on principal adds $1,585/yr, and 5% annual appreciation supports $67,855 over five years. Five-year ROI reaches 76.64% and total cumulative return in cash sums $62,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,108/mo property income instead of your personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
$630 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33021, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,028 (100%) |
| Owner Occupied HU | 14,086 (61.2%) |
| Renter Occupied HU | 7,015 (30.5%) |
| Vacant Housing Units | 1,927 ( 8.4%) |
| Median Home Value | $474,258 |
| Average Home Value | $504,041 |
Housing Distribution
Address Breakdown
Residential
21,352
Single Family
13,983
Multi-Family
7,369
Businesses
1,471
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices