912 NE 2nd CtHallandaleFL33009
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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 Hallandale at 912 NE 2nd Ct, Hallandale, FL, 33009 priced at $686,000 pairs $4,200/mo rent with after a $3,358/mo payment. Total monthly income equals $4,200/mo. Return on cash invested is 17.54% in year one, and rental yield stands at 7.35% on a $686,000 basis. Equity gained on principal adds $4,427/yr, and 5% annual appreciation accumulates to $189,529 by year five. Five-year ROI measures 90.95% and total cumulative return in cash reaches $205,272. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $3,358/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
6,894 sqft lot
$N/A/sqft
No 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: Mariel Ubfal PA • Miami Beach Real Estate Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11639066
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.