901 NE 27th AveHallandale 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
Investment property for sale in Hallandale Beach at 901 NE 27th Ave, Hallandale Beach, FL, 33009 earns $3,545/mo cash flow from $7,450/mo rent with a $2,378/mo payment. Total monthly income totals $7,450/mo, and annual cash flow totals $42,537/yr on $161,076 capital. ROI tracks 46.32% on current figures, and rental yield reads 18.4% at a $485,900 purchase. Equity gained on principal adds $3,135/yr, and 5% annual appreciation supports $134,245 over five years. Five-year ROI reaches 246.88% and total cumulative return in cash sums $397,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,450/mo property income instead of your personal income.
Townhouse
Built in 1979
2,193 sqft lot
$N/A/sqft
$681 monthly 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: Elizabeth McKeone • VantaSure Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10998093
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.