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5923 Fillmore St
F Composite 33.6
Why this score? — see what drove the F 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).

  • ARV discount +15.0/15.0
  • Cash flow +5.6/30.0
  • Livability +3.8/5.0
  • Rent growth +3.1/5.0
  • Schools +2.8/10.0
  • Condition / age +2.2/5.0
  • 1% rule +1.1/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$599,900

5923 Fillmore St · Hollywood, FL 33021
4 bd · 4.0 ba · 3,121 sqft · SingleFamily · 89 Days on market
Built 1946 Fair condition $192/sqft · 19% below area Est $737k · 19% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Charming Single Family with Guest House -- Amazing Income Opportunity – Ideal for Homeowners or Investors! Discover this well-maintained home with guest house offering spacious layouts, updated finishes, and excellent rental potential. Each 2-bedroom, 2-bath unit features functional living spaces, private outdoor areas, and desirable upgrades, making this property an attractive opportunity for investors or owner-occupants alike. 5923 Fillmore welcomes you with a comfortable layout featuring an eat-in kitchen complete with granite countertops, mosaic tile backsplash, white stove and microwave, and a stainless steel refrigerator.

Key facts

  • Updated finishes
  • Guest house
  • Eat-in kitchen

Tags

GUEST HOUSEINCOME OPPORTUNITYUPDATED FINISHESPRIVATE OUTDOOR AREASEAT-IN KITCHENGRANITE COUNTERTOPS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/4.0-bath single-family listed at $600k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $-1k ($-17k/yr) — negative.
  • To cash-flow at today's rent, offer at most $395k (34.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $365k (39.2% below list).
  • Recommended offer: $365k (39.2% below list) — sets the bar for 1% rule.

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.
  • Zoned schools: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); South Broward High School (math 24% / reading 49%, grade F, #351 of 667 statewide, top 54%, 2,397 students, 59% FRL).
  • Market conditions: Rents rising (+2.4%/yr); 734 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals lingering (median 100d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 81% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
  • At $3,645/mo this rent would consume 61% of the median local household income ($71k/yr) (locally 20% 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 89 days — a 6% lower offer ($564k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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 $152/mo; built in 1946 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $364,545 (39.2% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 39% concession, seller financing, or rate buy-down credit?
  3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  4. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. 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.
  10. 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.
  11. 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
0.61%
Cap rate
3.76%
Cash-on-cash
-9.04%
DSCR
0.60
GRM
13.7

CMA / ARV

ARV (median comp)
$737,293
List price
$599,900
Delta
-18.63%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4931 Madison St 1.00mi 4/3.0 3,125 (+0%) 5mo $900,000 $288 56
707 N 46th Ave 1.09mi 4/2.5 3,009 (-4%) 6mo $665,000 $221 48
4731 Pierce St 0.95mi 4/3.5 2,749 (-12%) 1mo $1,010,000 $367 42
4921 Jackson St 0.95mi 4/2.0 2,576 (-18%) 0mo $805,000 $313 32
4801 Harrison St 0.97mi 4/3.0 2,514 (-19%) 11mo $735,000 $292 27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.41% rent growth · sell at horizon

5-year hold
IRR
-35.2%
Equity multiple
-0.13×
Total profit
$-189,520
Equity at exit
$89,447
10-year hold
IRR
-50.6%
Equity multiple
-0.72×
Total profit
$-289,437
Equity at exit
$51,868

Cash invested: $167,972 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
7 active · 7 under contract
Months of supply
8.4 mo (12%/mo absorbed)
Median asking
$1,095,000 ($372/sqft)
Median days on market
44 d
This list price
lowest-priced of the active set
ARV vs active asking
-36.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33021

Rents YoY
2.4%
Active inventory
734
Price-to-rent
13.7×

Monthly cashflow live

Estimated rent
$3,645 high interval (Pro) →
Mortgage (P&I)
$3,146
Tax est. 1.5%
$750 /mo · $8,998/yr
Insurance
$250
Flood insurance flood zone
−$152 /mo · $1,824/yr
HOA
$0
Vacancy / Maint / Mgmt
$766
Net cashflow
$-1,418

Break-even live

Break-even rent $5,440
Max offer price $394,726
Occupancy floor

Sensitivity live

Price -10% $-1,003 -5% $-1,211 +0% $-1,418 +5% $-1,625 +10% $-1,832
Rent -10% $-1,706 -5% $-1,562 +0% $-1,418 +5% $-1,274 +10% $-1,130
Rate -1.0pp $-1,116 -0.5pp $-1,265 base $-1,418 +0.5pp $-1,573 +1.0pp $-1,732

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
$149,975
Closing costs
$17,997
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 31 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5914 Taylor St Unit 1-2 Hollywood, FL 3.0 2.0 2250 $2,650 $1.18 44d 1 0.10mi
5914 Taylor St Unit 1-2 Hollywood, FL 3.0 2.0 2250 $2,750 $1.22 115d 1 0.10mi
5613 Pierce St Unit 1 Hollywood, FL 3.0 2.0 3687 $3,950 $1.07 45d 1 0.42mi
5735 Hayes St Hollywood, FL 3.0 2.0 2357 $3,300 $1.40 89d 1 0.49mi
5735 Hayes St Unit 5735 Hollywood, FL 3.0 2.0 2357 $3,500 $1.48 99d 1 0.49mi
5735 Hayes St Hollywood, FL 3.0 2.0 2357 $3,500 $1.48 60d 1 0.49mi
5735 Hayes St Hollywood, FL 3.0 2.0 2357 $3,500 $1.48 113d 1 0.49mi
6316 Lincoln St Unit 6316 Hollywood, FL 3.0 2.0 2364 $2,600 $1.10 0d 1 0.52mi
6316 Lincoln St Unit 6316 Hollywood, FL 3.0 2.0 2364 $2,950 $1.25 120d 1 0.52mi
6328 Pierce St Unit 0 Hollywood, FL 3.0 2.0 2101 $2,700 $1.29 101d 1 0.53mi
6328 Pierce St Unit 0 Hollywood, FL 3.0 2.0 2101 $2,800 $1.33 120d 1 0.53mi
5520 Hayes St Hollywood, FL 4.0 2.0 2356 $4,100 $1.74 120d 1 0.59mi
5401 Fillmore St Hollywood, FL 4.0 4.0 2232 $5,400 $2.42 120d 1 0.59mi
5415 Harrison St Unit 1037649P Hollywood, FL 4.0 2.0 3100 $4,983 $1.61 5d 1 0.64mi
5500 Cleveland St Hollywood, FL 5.0 3.0 2500 $9,999 $4.00 0d 1 0.75mi
5511 McKinley St Hollywood, FL 4.0 2.0 2419 $6,000 $2.48 120d 1 0.81mi
5122 Cleveland St Hollywood, FL 5.0 3.0 2568 $7,700 $3.00 38d 1 0.89mi
4815 Cleveland St Hollywood, FL 4.0 3.0 2440 $8,900 $3.65 101d 1 1.09mi
4815 Cleveland St Hollywood, FL 4.0 3.0 2440 $8,900 $3.65 120d 1 1.09mi
4910 Jefferson St Hollywood, FL 5.0 4.0 3498 $7,250 $2.07 19d 1 1.11mi
4410 Buchanan St Hollywood, FL 3.0 3.0 2167 $7,499 $3.46 110d 1 1.18mi
4410 Buchanan St Hollywood, FL 3.0 3.0 2167 $4,400 $2.03 67d 1 1.18mi
4700 McKinley St Hollywood, FL 5.0 3.0 2597 $7,000 $2.70 120d 1 1.18mi
5740 Mayo St Hollywood, FL 3.0 2.0 4198 $2,495 $0.59 103d 1 1.19mi
5740 Mayo St Hollywood, FL 3.0 2.0 4198 $2,495 $0.59 120d 1 1.19mi
5740 Mayo St Hollywood, FL 3.0 2.0 4198 $2,395 $0.57 25d 1 1.19mi
5740 Mayo St Hollywood, FL 3.0 2.0 4198 $2,495 $0.59 60d 1 1.19mi
2120 N 49th Ave Hollywood, FL 3.0 2.0 2518 $6,000 $2.38 7d 1 1.36mi
4984 Greenway Dr Hollywood, FL 3.0 2.5 2165 $4,300 $1.99 78d 1 1.43mi
416 N Rainbow Dr Hollywood, FL 4.0 3.0 2830 $7,499 $2.65 101d 1 1.46mi
4729 Greenway Dr Hollywood, FL 3.0 2.5 2183 $4,800 $2.20 58d 1 1.50mi

Property features AI

Exterior

Parking
Driveway
Utilities
Cable availablePublic waterPublic sewer
Home design
Single-storyResale homeFaces south
Construction
Block constructionShingle roof
Exterior features
PorchOpen porchGuest house

Interior

Kitchen
MicrowaveRefrigerator
Bedrooms
Guest quarters
Flooring
Tile
Bathrooms
4 full bathrooms
Heating & cooling
Central heatingCentral air conditioning
Interior features
First-floor entryOther interior features
Laundry & utility
WasherElectric water heater

Listing history 50 events

  1. 2026-09-23
    days on market $599,900 Active 89 DOM
  2. 2026-09-22
    days on market $599,900 Active 88 DOM
  3. 2026-09-21
    days on market $599,900 Active 87 DOM
  4. 2026-09-20
    days on market $599,900 Active 86 DOM
  5. 2026-09-18
    days on market $599,900 Active 84 DOM
  6. 2026-09-17
    days on market $599,900 Active 83 DOM
  7. 2026-09-16
    days on market $599,900 Active 82 DOM
  8. 2026-09-15
    days on market $599,900 Active 81 DOM
  9. 2026-09-14
    days on market $599,900 Active 80 DOM
  10. 2026-09-13
    days on market $599,900 Active 79 DOM
  11. 2026-09-12
    days on market $599,900 Active 78 DOM
  12. 2026-09-11
    days on market $599,900 Active 77 DOM
  13. 2026-09-05
    days on market $599,900 Active 71 DOM
  14. 2026-09-04
    days on market $599,900 Active 70 DOM
  15. 2026-09-03
    days on market $599,900 Active 69 DOM
  16. 2026-08-31
    days on market $599,900 Active 66 DOM
  17. 2026-08-29
    days on market $599,900 Active 64 DOM
  18. 2026-08-28
    days on market $599,900 Active 63 DOM
  19. 2026-08-27
    days on market $599,900 Active 62 DOM
  20. 2026-08-25
    days on market $599,900 Active 60 DOM
  21. 2026-08-24
    days on market $599,900 Active 59 DOM
  22. 2026-08-23
    days on market $599,900 Active 58 DOM
  23. 2026-08-22
    days on market $599,900 Active 57 DOM
  24. 2026-08-21
    days on market $599,900 Active 56 DOM
  25. 2026-08-20
    days on market $599,900 Active 55 DOM
  26. 2026-08-19
    days on market $599,900 Active 54 DOM
  27. 2026-08-18
    days on market $599,900 Active 53 DOM
  28. 2026-08-17
    days on market $599,900 Active 52 DOM
  29. 2026-08-16
    days on market $599,900 Active 51 DOM
  30. 2026-08-15
    days on market $599,900 Active 50 DOM
  31. 2026-08-14
    days on market $599,900 Active 49 DOM
  32. 2026-08-13
    days on market $599,900 Active 48 DOM
  33. 2026-08-12
    days on market $599,900 Active 47 DOM
  34. 2026-08-11
    days on market $599,900 Active 46 DOM
  35. 2026-08-10
    days on market $599,900 Active 45 DOM
  36. 2026-08-09
    days on market $599,900 Active 44 DOM
  37. 2026-08-08
    days on market $599,900 Active 43 DOM
  38. 2026-08-06
    days on market $599,900 Active 41 DOM
  39. 2026-08-05
    days on market $599,900 Active 40 DOM
  40. 2026-08-03
    days on market $599,900 Active 38 DOM
  41. 2026-07-31
    days on market $599,900 Active 35 DOM
  42. 2026-07-28
    days on market $599,900 Active 32 DOM
  43. 2026-07-26
    days on market $599,900 Active 30 DOM
  44. 2026-07-24
    days on market $599,900 Active 28 DOM
  45. 2026-07-23
    days on market $599,900 Active 27 DOM
  46. 2026-07-22
    days on market $599,900 Active 26 DOM
  47. 2026-07-21
    days on market $599,900 Active 25 DOM
  48. 2026-07-20
    statusdays on market $599,900 Active 24 DOM
  49. 2026-07-18
    days on market $599,900 Active Under Contract 21 DOM
  50. 2026-07-16
    days on market $599,900 Active Under Contract 20 DOM

ⓘ 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 1/10 Low FEMA zone AH · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 29 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 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
$43,745
− Mortgage interest
−$33,604
− Property taxes
−$8,998
− Insurance
−$4,824
− Repairs & maintenance
−$3,500
− Management
−$3,500
− Depreciation
−$17,452
Taxable loss
−$28,132
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$6,752
After-tax cash flow
$-10,263/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab Est. rehab $78,025–$140,445 screening

This well-maintained duplex offers spacious layouts and updated finishes, but requires some cosmetic repairs and maintenance to enhance its value.

Repairs flagged

  • Minor Living room furniture — Some wear and tear
  • Minor Bedroom curtains — Worn and frayed edges
  • Minor Kitchen appliances — Older models

Value-add opportunities

  • Resale Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Rental Replace curtains — Fresh curtains improve the rental's appeal
  • Both Replace kitchen appliances — Modern appliances increase both resale and rental value

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 28/100

Zoned Schools

Elementary West Hollywood Elementary School F FL #1,969/2,144 Nat'l #28,475/41,679 Middle Olsen Middle School F FL #555/571 Nat'l #11,464/14,009 High South Broward High School F FL #351/667 Nat'l #9,347/17,239

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
B Composite livability gradescore 76/100

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 · 2,207,033 people
City population
109,079
Metro
Miami-Fort Lauderdale-Pompano Beach, FL
Population (ZIP)
48,464
Household income
$71,318
Rent vs Own
32.1% rent · 67.9% own
Severe rent burden
20% of renters

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 0.65)
Race & ethnicity
White 45% Hispanic / Latino 37% Two or more races 17% Black 13% Asian 3%
Hispanic origin (detail)
Puerto Rican 5% Cuban 10% Dominican 2%
Common ancestry
Romanian 3% Scotch-Irish 2% Hispanic 2%
Foreign-born
35% · Canada, Jamaica, Dominican Republic
Languages at home
53% English-only · Spanish 33% French/Haitian/Cajun 4% 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

Price history

+0.0% since first listed
3 events — show timeline
  • 2026-06-26 Listed $599,900 MARMLS
  • 2026-06-26 Listing Removed MARMLS
  • 2026-05-29 Listed $599,900 MARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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