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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 6121 Madison St, Hollywood, FL, 33023 generates $3,720/mo in rent and, after a $1,835/mo payment, leaves $1,232/mo in cash flow. Total monthly income is $3,720/mo, and annual cash flow is $14,785/yr on $124,279 invested. Return on cash invested sits at 31.81% in year one, and rental yield is 11.91% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 167.25% and total cumulative return in cash sums $207,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,720/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
5,040 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33023, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,612 (100%) |
| Owner Occupied HU | 14,083 (65.2%) |
| Renter Occupied HU | 6,678 (30.9%) |
| Vacant Housing Units | 851 ( 3.9%) |
| Median Home Value | $400,167 |
| Average Home Value | $495,989 |
Residential
21,035
Single Family
18,698
Multi-Family
2,337
Businesses
2,147
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennifer Goodrich • Florida South Realty, Inc.
Mls Name: MIAMI
Mls ID: #A11896241
