461 SW 113th Way #461, Hollywood, FL, 33025 | $574/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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461 SW 113th Way #461, Hollywood, FL, 33025 | $574/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hollywood at 461 SW 113th Way #461, Hollywood, FL, 33025 generates $2,200/mo in rent and, after a $1,199/mo payment, leaves $574/mo in cash flow. Total monthly income is $2,200/mo, and annual cash flow is $6,891/yr on $81,218 invested. Return on cash invested sits at 28.39% in year one, and rental yield is 10.78% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 148.98% and total cumulative return in cash sums $120,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,200/mo property income rather than buyer’s personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious 1/1 bath unit with canal view located in a desirable gated community. This unit has been completely upgraded with granite countertops, wood cabinetry, stainless steel appliances, and tile flooring throughout. Features include a walk-in closet and in-unit washer/dryer for added convenience. Community amenities include a clubhouse, exercise rooms, and a sparkling pool. Excellent locationminutes from I-75 and the Turnpike, and directly across from Pembroke Lakes Mall. PROOF OF FUNDS AND ADVANCE SCHEDULED SHOWING REQUIRED AS TENANT OCCUPIED PAYING $1800 UNTIL 1/31/2026 (same tenant since 2020)

Neighborhood Data

Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,536 (100%)
Owner Occupied HU	12,747 (40.4%)
Renter Occupied HU	16,717 (53.0%)
Vacant Housing Units	2,072 ( 6.6%)
Median Home Value	$399,882
Average Home Value	$450,128