5300 Washington St APT K222HollywoodFL33021
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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
Rental property for sale in Hollywood at 5300 Washington St APT K222, Hollywood, FL, 33021 generates $3,283/mo in rent and, after a $846/mo payment, leaves $1,596/mo in cash flow. Total monthly income is $3,283/mo, and annual cash flow is $19,150/yr on $57,316 invested. Return on cash invested sits at 53.32% in year one, and rental yield is 22.79% on a $172,900 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation builds toward $47,769 over five years. Five-year ROI reaches 286.7% and total cumulative return in cash sums $164,324. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,283/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$472 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
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Listed by: Dany Flanders • RE/MAX Consultants Realty 1
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10425650
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.