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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 2457 Centergate Dr APT 202, Hollywood, FL, 33025 generates $3,157/mo in rent, after a $1,948/mo payment. Total monthly income is $3,157/mo. Return on cash invested sits at 19.64% in year one, and rental yield is 9.52% on a $398,000 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 103.75% and total cumulative return in cash sums $136,884. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,157/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$318 monthly HOA
Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,536 (100%) |
| Owner Occupied HU | 12,747 (40.4%) |
| Renter Occupied HU | 16,717 (53.0%) |
| Vacant Housing Units | 2,072 ( 6.6%) |
| Median Home Value | $399,882 |
| Average Home Value | $450,128 |
Residential
29,855
Single Family
16,474
Multi-Family
13,381
Businesses
1,102
Date | Event | Price |
|---|---|---|
| 2024-12-11 | Listed for sale | $398,000 |
| 2023-12-20 | Listing removed | N/A |
| 2023-11-30 | Listed for rent | $2,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $6274.73 | 7.34% | $278,390 | 10.00% |
| 2023-02-13 | $5845.54 | 14.98% | $253,090 | 10.00% |
| 2022-02-13 | $5083.96 | 47.06% | $230,090 | 22.58% |
Listed by: Nuris Pichirilo • Miami New Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11708031
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.
