950 Hillcrest Dr APT 307HollywoodFL33021
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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 950 Hillcrest Dr APT 307, Hollywood, FL, 33021 generates $1,220/mo in rent, after a $783/mo payment. Total monthly income is $1,220/mo. Return on cash invested sits at 11.58% in year one, and rental yield is 9.15% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 63.22% and total cumulative return in cash sums $33,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,220/mo property income rather than buyer’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
$404 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33021, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,028 (100%) |
| Owner Occupied HU | 14,086 (61.2%) |
| Renter Occupied HU | 7,015 (30.5%) |
| Vacant Housing Units | 1,927 ( 8.4%) |
| Median Home Value | $474,258 |
| Average Home Value | $504,041 |
Housing Distribution
Address Breakdown
Residential
21,352
Single Family
13,983
Multi-Family
7,369
Businesses
1,471
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Listed by: Mirta Suttin • MGS Brokers
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11651289
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.