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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 6341 Simms St, Hollywood, FL, 33024 offers $4,253/mo rent that, after a $2,692/mo payment, leaves $201/mo cash flow. Total monthly income is $4,253/mo, and annual cash flow is $2,408/yr on $180,950 cash. Return on cash invested measures 21.39% in year one, and rental yield stands at 9.28% at a $549,999 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 112.31% and total cumulative return in cash reaches $203,229. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,253/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
6,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Price change | $549,999 |
| 2025-02-07 | Price change | $559,999 |
| 2025-02-03 | Listing removed | $3,499 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $9722.03 | 9.52% | $434,230 | 10.18% |
| 2023-05-14 | $8877.27 | 13.87% | $394,100 | 10.00% |
| 2022-05-14 | $7796.15 | 180.10% | $358,280 | 122.98% |
Listed by: Gil Grafi • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11716003
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.
