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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 2457 Centergate Dr APT 207, Hollywood, FL, 33025 uses $127,628 cash to close to unlock $5,128/yr annual cash flow and $427/mo monthly cash flow. Total monthly income runs $3,486/mo, and a $1,884/mo payment keeps the spread at $427/mo. Purchase price stands at $385,000, and rental yield measures 10.87% with $3,486/mo rent. Return on cash invested shows 23.93% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 126.7% and total cumulative return in cash records $161,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,486/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$319 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 |
|---|---|---|
| 2024-02-16 | Listed for sale | $385,000 |
| 2024-02-08 | Contingent | $385,000 |
| 2024-01-26 | Listed for sale | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $5648.23 | 15.17% | $238,570 | 10.00% |
| 2022-08-31 | $4904.45 | 9.18% | $216,890 | 10.00% |
| 2021-08-31 | $4492.14 | 3.35% | $197,180 | 4.21% |
Listed by: Gloria Poon • First Service Realty ERA
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11484291
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.
