Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 6623 Raleigh St, Hollywood, FL, 33024 priced at $499,900 converts $4,007/mo rent into $689/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,007/mo, and annual cash flow totals $8,272/yr on $165,717 invested. Return on cash invested prints 24.9% in year one, and rental yield reads 9.62% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 130.21% and total cumulative return in cash sums $215,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,007/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1955
6,294 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 |
|---|---|---|
| 2024-12-16 | Price change | $499,900 |
| 2024-12-12 | Listed for sale | $515,000 |
| 2024-10-07 | Sold | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $2120.82 | 2.74% | $154,960 | 3.00% |
| 2022-12-25 | $2064.25 | 3.40% | $150,450 | 3.00% |
| 2021-12-25 | $1996.41 | 2.41% | $146,070 | 1.40% |
Listed by: David Runnebaum • United Realty Group Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10474446
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
