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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% |
Investment property for sale in Hollywood at 1651 NW 98th Way #1651, Hollywood, FL, 33024 offers a 9.11% rental yield on a $395,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,933/mo payment leaves $249/mo available for distribution. Annual cash flow reaches $2,988/yr on $130,943 to close, and return on cash invested stands at 22.19% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 116.13% and total cumulative return in cash at $152,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$130 monthly HOA
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
| 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 |
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Date | Event | Price |
|---|---|---|
| 2025-09-05 | Sold | $395,000 |
| 2025-08-11 | Pending sale | $395,000 |
| 2025-07-22 | Listed for sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Suamy Saavedra • SABIZ, Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10515451
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 2025 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.
