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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 7601 Simms St, Hollywood, FL, 33024 offers $4,516/mo rent that, after a $2,932/mo payment, leaves $541/mo cash flow. Total monthly income is $4,516/mo, and annual cash flow is $6,489/yr on $197,071 cash. Return on cash invested measures 23.35% in year one, and rental yield stands at 9.05% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 121.87% and total cumulative return in cash reaches $240,166. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,516/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
6,551 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 |
|---|---|---|
| 2025-02-03 | Price change | $599,000 |
| 2024-12-29 | Listed for sale | $589,000 |
| 2010-12-03 | Sold | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2926.97 | 3.70% | $164,990 | 3.00% |
| 2023-02-12 | $2822.58 | 6.59% | $160,190 | 3.52% |
| 2022-02-12 | $2648.11 | 2.99% | $154,750 | 3.00% |
Listed by: Pedro Rodriguez • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11699923
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.
