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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 8900 Washington Blvd APT 304, Hollywood, FL, 33025 generates $2,996/mo in rent and, after a $538/mo payment, leaves $1,582/mo in cash flow. Total monthly income is $2,996/mo, and annual cash flow is $18,985/yr on $36,432 invested. Return on cash invested sits at 72.02% in year one, and rental yield is 32.71% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 391.19% and total cumulative return in cash sums $142,516. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,996/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$1,834 quarterly HOA
Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,536 (100%) |
| Owner Occupied HU | 12,747 (40.4%) |
| Renter Occupied HU | 16,717 (53.0%) |
| Vacant Housing Units | 2,072 ( 6.6%) |
| Median Home Value | $399,882 |
| Average Home Value | $450,128 |
Residential
29,855
Single Family
16,474
Multi-Family
13,381
Businesses
1,102
Date | Event | Price |
|---|---|---|
| 2024-05-09 | Listed for sale | $109,900 |
| 2011-01-28 | Sold | $28,500 |
| 2010-11-29 | Price change | $29,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $1856.01 | 16.89% | $68,580 | 9.99% |
| 2022-08-31 | $1587.79 | 11.91% | $62,350 | 9.98% |
| 2021-08-31 | $1418.80 | -1.05% | $56,690 | -0.89% |
Listed by: Nathalie Lessard • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11584501
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.
