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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 9613 NW 16th Ct #9613, Hollywood, FL, 33024 generates $4,771/mo in rent and, after a $2,055/mo payment, leaves $1,855/mo in cash flow. Total monthly income is $4,771/mo, and annual cash flow is $22,256/yr on $139,197 invested. Return on cash invested sits at 35.9% in year one, and rental yield is 13.63% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 189.58% and total cumulative return in cash sums $263,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,771/mo property income rather than buyer’s personal income.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$130 monthly 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 |
|---|---|---|
| 2024-08-28 | Listed for sale | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bruce Procter • Jalmark Realty Inc At Pembroke Lakes
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10458520
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.
