700 SW 128th Ave APT 306CHollywoodFL33027
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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 700 SW 128th Ave APT 306C, Hollywood, FL, 33027 offers a 11.28% rental yield on a $314,700 purchase with $2,959/mo rent. Total monthly income registers $2,959/mo, and a $1,540/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,684/yr on $104,323 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $2,031/yr while 5% annual appreciation supports $86,946 over five years. Portfolio math shows five-year ROI at 124.72% and total cumulative return in cash at $130,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,959/mo property income against a $1,540/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$464 monthly 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
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Listed by: Janice Chai Chang • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11714523
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.