842 Spinnaker Dr EHollywoodFL33019
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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 842 Spinnaker Dr E, Hollywood, FL, 33019 priced at $1,399,999 converts $5,192/mo rent into after a $6,852/mo obligation. Total monthly income equals $5,192/mo. Return on cash invested prints 5.66% in year one, and rental yield reads 4.45% against a $1,399,999 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation compiles into $386,794 by year five. Five-year ROI reaches 28.33% and total cumulative return in cash sums $128,527. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,192/mo property income covering a $6,852/mo payment, not borrower’s personal income.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
$3,360 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33019, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,099 (100%) |
| Owner Occupied HU | 5,681 (43.4%) |
| Renter Occupied HU | 2,263 (17.3%) |
| Vacant Housing Units | 5,155 (39.4%) |
| Median Home Value | $719,086 |
| Average Home Value | $861,154 |
Housing Distribution
Address Breakdown
Residential
11,320
Single Family
3,434
Multi-Family
7,886
Businesses
315
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Listed by: Jonathan Keith • One Sotheby's Int'l Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11877023
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.