621 Glenn PkwyHollywoodFL33021
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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 621 Glenn Pkwy, Hollywood, FL, 33021 priced at $630,000 converts $4,284/mo rent into $103/mo cash flow after a $3,084/mo obligation. Total monthly income equals $4,284/mo, and annual cash flow totals $1,233/yr on $207,270 invested. Return on cash invested prints 20.66% in year one, and rental yield reads 8.16% against a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation compiles into $174,057 by year five. Five-year ROI reaches 107.4% and total cumulative return in cash sums $222,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,284/mo property income covering a $3,084/mo payment, not borrower’s personal income.
Multi Family
Built in 1946
N/A lot
$N/A/sqft
No 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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