9165 NW 1st Ct #102HollywoodFL33024
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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 9165 NW 1st Ct #102, Hollywood, FL, 33024 uses $92,820 cash to close to unlock $706/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $2,500/mo, and a $1,370/mo payment keeps the spread at $59/mo. Purchase price stands at $280,000, and rental yield measures 10.71% with $2,500/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 110.25% and total cumulative return in cash records $102,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,500/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$433 monthly 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: Bharti Idnani • McKenzie Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11702230
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.