6310 Mayo StHollywoodFL33023
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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
Investment property for sale in Hollywood at 6310 Mayo St, Hollywood, FL, 33023 uses $129,285 cash to close to unlock $8,077/yr annual cash flow and $673/mo monthly cash flow. Total monthly income runs $3,612/mo, and a $1,909/mo payment keeps the spread at $673/mo. Purchase price stands at $390,000, and rental yield measures 11.11% with $3,612/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 138.14% and total cumulative return in cash records $178,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,612/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 1976
5,303 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33023, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,612 (100%) |
| Owner Occupied HU | 14,083 (65.2%) |
| Renter Occupied HU | 6,678 (30.9%) |
| Vacant Housing Units | 851 ( 3.9%) |
| Median Home Value | $400,167 |
| Average Home Value | $495,989 |
Housing Distribution
Address Breakdown
Residential
21,035
Single Family
18,698
Multi-Family
2,337
Businesses
2,147
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Listed by: Lavinia Govender • Dalton Wade Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11826636
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.