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1734 N 16th Ct
C+ Composite 64.71
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +27.3/30.0
  • DSCR +9.5/10.0
  • ARV discount +7.5/15.0
  • 1% rule +7.4/10.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$599,000

1734 N 16th Ct · Hollywood, FL 33020
6 bd · 4.0 ba · 1,926 sqft · SingleFamily · 227 Days on market
Built 1986

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Spacious duplex featuring a 3 bed/2 bath unit and a 1 bed/1 bath unit located east of US-1—just minutes from the beach and downtown Hollywood! Both units offer ceramic tile flooring throughout, large kitchens, and are in excellent, move-in condition. Enjoy central A/C, generous layouts, and in-unit washer and dryer. Conveniently situated within walking distance to A-rated schools, shops, and public transportation. The property also offers two parking spaces and a large backyard, providing a quiet and comfortable setting in a desirable neighborhood.

Key facts

  • Large kitchens
  • Two parking spaces
  • Large backyard

Tags

CERAMIC TILE FLOORINGLARGE KITCHENSCENTRAL A/CIN-UNIT WASHER AND DRYERTWO PARKING SPACESLARGE BACKYARD

Property features AI

Finance

  • Financial info: Rent includes gardener, sewer, trash collection, and water; One unit currently leased at $1,450/month

Exterior

  • Parking: 2 parking spaces; Open parking
  • Utilities: Public sewer; Cable available
  • Home design: Single-story; Resale property; Tar and gravel roof; Block construction
  • Construction: Block construction; Tar/Gravel roof
  • Exterior features: Less than quarter acre lot; Zoned RM-12

Interior

  • Bedrooms: 3 bedrooms
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: Tile flooring; Ceiling fans

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 6-bed/4.0-bath single-family listed at $599k.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($7k rent vs $599k).
  • Recommended offer: $527k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.8% vs local median 3.2% in Hollywood — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 76/100 on livability (#232 in FL, #3,548 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, crime B+; Watch: amenities D.
  • Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 589 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $7,432/mo this rent would consume 158% of the median local household income ($56k/yr) (locally 3948% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $18k of value loss. Plan a longer hold.
  • Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 227 days — a 12% lower offer ($527k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $527,120 (12.0% below list)

Questions for the listing agent

  1. It's been on market 227 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.24%
Cap rate
9.76%
Cash-on-cash
12.39%
DSCR
1.55
GRM
6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.43% rent growth · sell at horizon

5-year hold
IRR
-5.3%
Equity multiple
0.81×
Total profit
$-32,315
Equity at exit
$89,313
10-year hold
IRR
0.7%
Equity multiple
1.04×
Total profit
$7,372
Equity at exit
$51,791

Cash invested: $167,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 33020

Rents YoY
0.4%
Active inventory
589
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$7,432 high interval (Pro) →
Mortgage (P&I)
$3,141
Tax est. 1.5%
$749 /mo · $8,985/yr
Insurance
$250
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$1,561
Net cashflow
$1,305

Break-even live

Break-even rent $5,780
Max offer price $599,000
Occupancy floor 77%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$149,750
Closing costs
$17,970
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1162 Hayes St Hollywood, FL 5.0 3.0 1318 $7,500 $5.69 24d 1 0.75mi
1228 Johnson St Hollywood, FL 5.0 3.0 1880 $8,500 $4.52 14d 1 0.76mi
39 SE 7th St Dania, FL 5.0 3.0 1654 $12,000 $7.26 24d 1 0.99mi
218 SE 4th St Dania, FL 5.0 3.0 2000 $6,750 $3.38 8d 1 1.19mi
1223 Jackson St Unit 1223 Hollywood, FL 5.0 3.0 2020 $12,000 $5.94 8d 1 1.33mi
1640 Jefferson St Hollywood, FL 5.0 2.0 1750 $8,995 $5.14 24d 1 1.46mi

Listing history 30 events

  1. 2026-06-18
    days on market $599,000 Active 227 DOM
  2. 2026-06-17
    days on market $599,000 Active 226 DOM
  3. 2026-06-16
    days on market $599,000 Active 225 DOM
  4. 2026-06-15
    days on market $599,000 Active 224 DOM
  5. 2026-06-13
    days on market $599,000 Active 222 DOM
  6. 2026-06-09
    days on market $599,000 Active 218 DOM
  7. 2026-06-07
    days on market $599,000 Active 216 DOM
  8. 2026-06-04
    days on market $599,000 Active 213 DOM
  9. 2026-06-03
    days on market $599,000 Active 212 DOM
  10. 2026-06-02
    days on market $599,000 Active 211 DOM
  11. 2026-06-01
    days on market $599,000 Active 210 DOM
  12. 2026-05-31
    days on market $599,000 Active 209 DOM
  13. 2025-10-31
    listed $599,000 Active
  14. 2024-12-26
    status Active
  15. 2024-09-26
    status Active
  16. 2024-09-26
    historical
  17. 2024-09-26
    historical
  18. 2024-09-26
    historical
  19. 2024-06-25
    listed $695,000 Active
  20. 2024-06-25
    historical
  21. 2024-02-21
    listed $695,000 Active
  22. 2023-07-03
    historical
  23. 2022-07-04
    listed $750,000 Active
  24. 2018-06-23
    status Pending
  25. 2018-06-20
    historical
  26. 2018-05-01
    status Active
  27. 2018-04-15
    status Backup Contract
  28. 2018-04-08
    price $375,000
  29. 2018-01-09
    price $385,000
  30. 2018-01-06
    listed $410,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone AE · 87% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 27 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$89,180
− Mortgage interest
−$33,553
− Property taxes
−$8,985
− Insurance
−$8,114
− Repairs & maintenance
−$7,134
− Management
−$7,134
− Depreciation
−$17,425
Taxable income
$6,834
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,640
After-tax cash flow
$14,019/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Broward
NCES district ID
1200180
Math proficiency
42% ▼ -18.00%
Reading proficiency
53% ▼ -5.00%
Median HH income
$52,139
Composite
40.88/100
National rank
#3621
State rank
#46 of 73 in FL

Livability — Hollywood

Score
76/100
State rank
#232
US rank
#3548

Category grades

Amenities D Commute A+ Cost of living C+ Crime B+ Employment C Housing A+ Health & safety B+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hollywood, FL
County
Broward County · 1,963,430 people
City population
109,079
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
46,322
Household income
$56,473
Rent vs Own
63.5% rent · 36.5% own
Severe rent burden
3948.0

Population outlook (Broward County) Hauer SSP2

Today (2025)
2,207,033 people
By 2030
2,360,704 · +7.0%
By 2040
2,661,208 · +20.6%
By 2050
2,946,698 · +33.5%
By 2075
3,602,273 · +63.2%
By 2100
3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
Hispanic / Latino 43% Two or more races 31% White 28% Black 24% Asian 1%
Hispanic origin (detail)
Mexican 1% Puerto Rican 4% Cuban 9% Dominican 3% Salvadoran 3%
Common ancestry
Hispanic 5% Lithuanian 2% Scotch-Irish 1%
Foreign-born
41% · Canada, Jamaica, Dominican Republic
Languages at home
48% English-only · Spanish 38% French/Haitian/Cajun 6% Russian/Polish/Slavic 2%

Political lean MEDSL · Broward

2024 margin
D (+17.0) · D 58.0% · R 41.0%
2008→2024 swing
-17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
All cycles
2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -406.34%
Current HPI
524.7664
Rent YoY
▲ 0.43%
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+46.1% since first listed
18 events — show timeline
  • 2025-10-31 Listed $599,000 MARMLS
  • 2024-12-26 Relisted MARMLS
  • 2024-09-26 Relisted MARMLS
  • 2024-09-26 Listing Removed MARMLS
  • 2024-09-26 Listing Removed MARMLS
  • 2024-09-26 Listing Removed MARMLS
  • 2024-06-25 Listing Removed MARMLS
  • 2024-06-25 Listed $695,000 MARMLS
  • 2024-02-21 Listed $695,000 MARMLS
  • 2023-07-03 Listing Removed MARMLS
  • 2022-07-04 Listed $750,000 MARMLS
  • 2018-06-23 Pending MARMLS
  • 2018-06-20 Listing Removed MARMLS
  • 2018-05-01 Relisted MARMLS
  • 2018-04-15 Pending MARMLS
  • 2018-04-08 Price Changed $375,000 MARMLS
  • 2018-01-09 Price Changed $385,000 MARMLS
  • 2018-01-06 Listed $410,000 MARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…