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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 2321 N 69th Way, Hollywood, FL, 33024 offers a 8.79% rental yield on a $510,000 purchase with $3,734/mo rent. Total monthly income registers $3,734/mo, and a $2,496/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,499/yr on $167,790 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 112.59% and total cumulative return in cash at $188,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,734/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
6,000 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-11-14 | Price change | $510,000 |
| 2024-10-21 | Listed for sale | $525,000 |
| 2008-10-30 | Sold | $104,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $6239.76 | 12.48% | $275,160 | 10.00% |
| 2022-12-25 | $5547.35 | 201.01% | $250,150 | 116.41% |
| 2021-12-25 | $1842.89 | 2.27% | $115,590 | 1.39% |
Listed by: Samantha Aiello • Real Estate Boutique of So Fla
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11679519
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.
