650 SW 124th Ter APT 214PHollywoodFL33027
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
Rental property for sale in Hollywood at 650 SW 124th Ter APT 214P, Hollywood, FL, 33027 generates $1,512/mo in rent and, after a $974/mo payment, leaves $191/mo in cash flow. Total monthly income is $1,512/mo, and annual cash flow is $2,297/yr on $65,969 invested. Return on cash invested sits at 23.39% in year one, and rental yield is 9.12% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 122.14% and total cumulative return in cash sums $80,574. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,512/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33027, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,401 (100%) |
| Owner Occupied HU | 18,626 (73.3%) |
| Renter Occupied HU | 5,765 (22.7%) |
| Vacant Housing Units | 1,010 ( 4.0%) |
| Median Home Value | $520,520 |
| Average Home Value | $539,897 |
Housing Distribution
Address Breakdown
Residential
24,250
Single Family
15,105
Multi-Family
9,145
Businesses
1,170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices