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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% |
Investment property for sale in Hollywood at 7071 SW 29th St, Hollywood, FL, 33023 uses $174,370 cash to close to unlock $22,237/yr annual cash flow and $1,853/mo monthly cash flow. Total monthly income runs $5,633/mo, and a $2,594/mo payment keeps the spread at $1,853/mo. Purchase price stands at $530,000, and rental yield measures 12.75% with $5,633/mo rent. Return on cash invested shows 32.81% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 173.27% and total cumulative return in cash records $302,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,633/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 1958
5,999 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 |
|---|---|---|
| 2024-08-07 | Listed for sale | $530,000 |
| 2023-07-21 | Sold | $450,000 |
| 2023-06-15 | Pending sale | $434,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $7871.57 | 14.60% | $340,300 | 10.00% |
| 2022-09-03 | $6868.71 | 11.51% | $309,370 | 5.37% |
| 2021-09-03 | $6159.49 | 1.27% | $293,600 | 7.68% |
Listed by: Osmany Fuenteseca • Iconic Luxury Real Estate Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11637015
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.
