5631 Simms StHollywoodFL33021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hollywood at 5631 Simms St, Hollywood, FL, 33021 priced at $499,000 converts $4,533/mo rent into $925/mo cash flow after a $2,442/mo obligation. Total monthly income equals $4,533/mo, and annual cash flow totals $11,100/yr on $165,419 invested. Return on cash invested prints 26.62% in year one, and rental yield reads 10.9% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 140.19% and total cumulative return in cash sums $231,894. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,533/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1963
6,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33021, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,028 (100%) |
| Owner Occupied HU | 14,086 (61.2%) |
| Renter Occupied HU | 7,015 (30.5%) |
| Vacant Housing Units | 1,927 ( 8.4%) |
| Median Home Value | $474,258 |
| Average Home Value | $504,041 |
Housing Distribution
Address Breakdown
Residential
21,352
Single Family
13,983
Multi-Family
7,369
Businesses
1,471
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Abramowitz • Douglas Elliman
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11714244
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.