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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 2510 Wiley St, Hollywood, FL, 33020 offers $6,670/mo rent that, after a $2,741/mo payment, leaves $2,954/mo cash flow. Total monthly income is $6,670/mo, and annual cash flow is $35,444/yr on $184,240 cash. Return on cash invested measures 39.3% in year one, and rental yield stands at 14.29% at a $560,000 entry. Equity gained on principal adds $3,614/yr while 5% annual appreciation compounds into $154,718 by year five. Five-year ROI records 207.37% and total cumulative return in cash reaches $382,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,670/mo property income versus a $2,741/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
7,037 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33020, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,911 (100%) |
| Owner Occupied HU | 7,310 (30.6%) |
| Renter Occupied HU | 13,286 (55.6%) |
| Vacant Housing Units | 3,315 (13.9%) |
| Median Home Value | $446,552 |
| Average Home Value | $480,629 |
Residential
20,403
Single Family
11,732
Multi-Family
8,671
Businesses
2,020
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Listed for sale | $560,000 |
| 2024-08-07 | Pending sale | $560,000 |
| 2024-05-06 | Listed for sale | $560,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $785.62 | 9.96% | $82,920 | 2.99% |
| 2022-08-31 | $714.48 | -31.91% | $80,510 | 2.99% |
| 2021-08-31 | $1049.34 | 3.27% | $78,170 | 1.39% |
Listed by: Olufemi Smith • Grand Realty of America, Corp.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11582248
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.
