640 SW 6th StHallandale BeachFL33009
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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 Hallandale Beach at 640 SW 6th St, Hallandale Beach, FL, 33009 earns $87/mo cash flow from $2,868/mo rent with a $2,051/mo payment. Total monthly income totals $2,868/mo, and annual cash flow totals $1,047/yr on $138,899 capital. ROI tracks 20.66% on current figures, and rental yield reads 8.21% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 107.49% and total cumulative return in cash sums $149,297. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,868/mo property income instead of your personal income.
Single Family
Built in 1958
5,061 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33009, Hallandale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,110 (100%) |
| Owner Occupied HU | 11,140 (35.8%) |
| Renter Occupied HU | 10,432 (33.5%) |
| Vacant Housing Units | 9,538 (30.7%) |
| Median Home Value | $364,881 |
| Average Home Value | $441,762 |
Housing Distribution
Address Breakdown
Residential
26,501
Single Family
8,209
Multi-Family
18,292
Businesses
2,056
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Listed by: Vivian Estrada • RE/MAX - City Centre Realty
Mls Name: MIAMI
Mls ID: #A11934330