700 NW 9th CtHallandale 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
Rental property for sale in Hallandale Beach at 700 NW 9th Ct, Hallandale Beach, FL, 33009 priced at $879,000 converts $40,500/mo rent into $34,439/mo cash flow after a $4,302/mo obligation. Total monthly income equals $40,500/mo, and annual cash flow totals $413,271/yr on $289,191 invested. Return on cash invested prints 162.97% in year one, and rental yield reads 55.29% against a $879,000 entry. Equity gained on principal adds $5,672/yr, while 5% annual appreciation compiles into $242,851 by year five. Five-year ROI reaches 870.89% and total cumulative return in cash sums $2,518,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $40,500/mo property income covering a $4,302/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.33 Acres 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: Blake Burstyn • Compass Florida, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11593295
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.