655 SW 111th Way APT 308, Hollywood, FL, 33025 | $901/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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655 SW 111th Way APT 308, Hollywood, FL, 33025 | $901/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hollywood at 655 SW 111th Way APT 308, Hollywood, FL, 33025 earns $901/mo cash flow from $3,217/mo rent with a $1,708/mo payment. Total monthly income totals $3,217/mo, and annual cash flow totals $10,814/yr on $115,694 capital. ROI tracks 29.26% on current figures, and rental yield reads 11.06% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 153.59% and total cumulative return in cash sums $177,696. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,217/mo property income instead of your personal income.

Condo

Built in 2000

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 3-bedroom, 2-bath condo in the desirable Devonaire community of Pembroke Pines. This spacious residence offers a split floor plan with vaulted ceilings, creating a bright and open living space. The brand-new kitchen features modern cabinets, quartz countertops, and stainless steel appliances including a refrigerator, stove, microwave, and dishwasher. Both bathrooms are well-appointed, and the unit provides excellent storage and functionality. The roof has been fully paid with no assessments, giving peace of mind. HOA of $707 includes cable, insurance, and access to resort-style amenities such as a pool, clubhouse, fitness center, and gated security. Conveniently located near shopping, dining, schools, and highways, this home is move-in ready!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,536 (100%)
Owner Occupied HU	12,747 (40.4%)
Renter Occupied HU	16,717 (53.0%)
Vacant Housing Units	2,072 ( 6.6%)
Median Home Value	$399,882
Average Home Value	$450,128