470 S Park Rd #7207HollywoodFL33021
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 470 S Park Rd #7207, Hollywood, FL, 33021 earns $53/mo cash flow from $2,615/mo rent with a $1,531/mo payment. Total monthly income totals $2,615/mo, and annual cash flow totals $638/yr on $103,726 capital. ROI tracks 20.52% on current figures, and rental yield reads 10.03% at a $312,900 purchase. Equity gained on principal adds $2,019/yr, and 5% annual appreciation supports $86,449 over five years. Five-year ROI reaches 108.8% and total cumulative return in cash sums $112,854. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,615/mo property income instead of your personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
$150 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
Listed by: Mary Charneco • Resma, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11706459
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.