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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hollywood at 1000 Colony Point Cir APT 506, Hollywood, FL, 33026 generates $3,713/mo in rent and, after a $974/mo payment, leaves $1,764/mo in cash flow. Total monthly income is $3,713/mo, and annual cash flow is $21,168/yr on $65,969 invested. Return on cash invested sits at 52% in year one, and rental yield is 22.39% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 279.72% and total cumulative return in cash sums $184,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,713/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$569 monthly HOA
Neighborhood data shown for ZIP Code: 33026, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,992 (100%) |
| Owner Occupied HU | 9,598 (80.0%) |
| Renter Occupied HU | 2,163 (18.0%) |
| Vacant Housing Units | 231 ( 1.9%) |
| Median Home Value | $484,562 |
| Average Home Value | $522,564 |
Residential
11,871
Single Family
8,463
Multi-Family
3,408
Businesses
911
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Listed for sale | $199,000 |
| 2017-12-22 | Sold | $72,000 |
| 2017-12-01 | Pending sale | $80,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $2483.51 | 11.58% | $98,140 | 10.00% |
| 2022-08-31 | $2225.69 | 9.98% | $89,220 | 10.00% |
| 2021-08-31 | $2023.78 | 15.57% | $81,110 | 9.99% |
Listed by: John Henao • KW Reserve Palm Beach
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11013589
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.
