7821 Normandy StHollywoodFL33023
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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 Hollywood at 7821 Normandy St, Hollywood, FL, 33023 priced at $530,000 converts $4,302/mo rent into $458/mo cash flow after a $2,594/mo obligation. Total monthly income equals $4,302/mo, and annual cash flow totals $5,492/yr on $174,370 invested. Return on cash invested prints 23.21% in year one, and rental yield reads 9.74% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 121.92% and total cumulative return in cash sums $212,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,302/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 1961
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33023, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,612 (100%) |
| Owner Occupied HU | 14,083 (65.2%) |
| Renter Occupied HU | 6,678 (30.9%) |
| Vacant Housing Units | 851 ( 3.9%) |
| Median Home Value | $400,167 |
| Average Home Value | $495,989 |
Housing Distribution
Address Breakdown
Residential
21,035
Single Family
18,698
Multi-Family
2,337
Businesses
2,147
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Listed by: Witchelle Demosthenes • AIM Capital Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11635091
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.