7420 Johnson StHollywoodFL33024
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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 7420 Johnson St, Hollywood, FL, 33024 offers a 8.83% rental yield on a $462,000 purchase with $3,400/mo rent. Total monthly income registers $3,400/mo, and a $2,261/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,012/yr on $153,153 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $2,981/yr while 5% annual appreciation supports $127,642 over five years. Portfolio math shows five-year ROI at 117.49% and total cumulative return in cash at $179,945. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,400/mo property income against a $2,261/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Housing Distribution
Address Breakdown
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
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Listed by: Yanet Rivero • United Realty Group Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11652588
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.