9317 NW 1st Ct #105HollywoodFL33024
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow9317 NW 1st Ct #105, Hollywood, FL, 33024 in Hollywood earns a respectable 10.8% gross yield at $267,900, but after the $1,205/mo mortgage the net cash flow is $187/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (2.00) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $74,016 over five years, making equity the dominant return driver. Total projected return: $142,859.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.5% |
| Monthly Cash Flow | $187 | $200 |
City averages based on Hollywood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,411 |
| Total Monthly Debt Service | $1,671 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1984
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices