7490 Buchanan StHollywoodFL33024
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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 7490 Buchanan St, Hollywood, FL, 33024 generates $4,387/mo in rent, after a $3,025/mo payment. Total monthly income is $4,387/mo. Return on cash invested sits at 18.82% in year one, and rental yield is 8.52% on a $618,000 entry. Equity gained on principal adds $3,988/yr, while 5% annual appreciation builds toward $170,742 over five years. Five-year ROI reaches 98.64% and total cumulative return in cash sums $200,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,387/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
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Listed by: Reyna Jarquin • Lifestyle International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11863706
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.