3203 South St · Hollywood, FL 33021

$159,900

1 bd · 2.0 ba · 960 sqft · Manufactured · 130 Days on market

Manufactured home Built 2026 Good condition $167/sqft · 36% below area Est $249k · 36% under

---

Why this score? — see what drove the D+ 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 +14.1/30.0
• DSCR +4.3/10.0
• Condition / age +4.0/5.0
• 1% rule +3.9/10.0
• Livability +3.8/5.0
• Rent growth +3.1/5.0
• Schools +2.6/10.0
• Appreciation +2.5/10.0
• Manufactured-home adj. -4.3

Listing remarks

This 960 square feet, 2.0 bed 2.0 bath manufactured home built in 2026 by Skyline offers a cozy and modern living space in the Orangebrook community in Hollywood, FL. The home features an open concept layout with a spacious living room, dining room, and a well-appointed kitchen with sleek appliances. The master bedroom boasts an en suite bathroom and a walk-in closet for added convenience. Other amenities include a laundry room, carport, and a shed for extra storage space. Orangebrook is a thriving and tightly knit community located in the heart of Hollywood, FL.

Key facts

• En suite bathroom
• Laundry room
• Carport

Tags

• OPEN CONCEPT LAYOUT
• WELL APPOINTED KITCHEN
• EN SUITE BATHROOM
• WALK IN CLOSET
• LAUNDRY ROOM
• CARPORT

What this means for you Summary

Snapshot

• This is a 1-bed/2.0-bath manufactured listed at $160k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $24 ($288/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $143k (10.6% below list).
• Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.5% 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.
• 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); Nova High School (math 22% / reading 56%, grade F, #312 of 667 statewide, top 48%, 2,227 students, 59% FRL) — zoned schools average 66% FRL vs 51% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.4%/yr); 734 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 58d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 130 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 5→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 130 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.89% ✗
• Cap rate: 6.47%
• Cash-on-cash: 0.64%
• DSCR: 1.03
• GRM: 9.3

CMA / ARV

• ARV (median comp): $249,000
• List price: $159,900
• Delta: -35.78%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5300 Washington St Unit K229	1.46mi	2/2.0 (+1)	968 (+1%)	0mo	$90,000	$93	58
5300 Washington St Unit S112	1.43mi	2/2.0 (+1)	968 (+1%)	0mo	$130,000	$134	58
4330 Hillcrest Dr #807	0.69mi	1/1.5	844 (-12%)	0mo	$105,000	$124	45
610 S Park Rd Unit 35-1	0.66mi	1/1.0	841 (-12%)	0mo	$205,000	$244	44
510 S Park Rd Unit 25-10	0.71mi	1/1.0	841 (-12%)	0mo	$205,000	$244	42
2530 Adams St	1.12mi	2/1.0 (+1)	868 (-10%)	1mo	$365,000	$421	39
2502 Dewey St	1.11mi	2/1.0 (+1)	862 (-10%)	0mo	$410,000	$476	39
1000 Hillcrest Ct #215	1.27mi	1/1.5	744 (-22%)	1mo	$122,000	$164	37
5300 Washington St Unit H134	1.46mi	1/1.0	720 (-25%)	0mo	$74,000	$103	36
901 Hillcrest Dr #315	1.02mi	2/2.0 (+1)	1,150 (+20%)	0mo	$240,000	$209	35
2905 Pierce St #17	1.44mi	2/1.0 (+1)	816 (-15%)	0mo	$114,900	$141	31
4100 SW 28th St	1.02mi	2/1.0 (+1)	800 (-17%)	1mo	$350,000	$438	30

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: -15.9%
• Equity multiple: 0.44×
• Total profit: $-25,205
• Equity at exit: $23,842

10-year hold

• IRR: -8.6%
• Equity multiple: 0.48×
• Total profit: $-23,314
• Equity at exit: $13,825

Cash invested: $44,772 (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.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 23 active
• Median asking: $79,000 ($82/sqft)
• Median days on market: 35 d
• This list price: 78% of active listings are priced below it
• ARV vs active asking: +214.7% above 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: 9.3×

Monthly cashflow live

• Estimated rent: $1,429 high
• Mortgage (P&I): −$839
• Tax est. 1.5%: −$200 /mo · $2,398/yr
• Insurance: −$67
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $24

Break-even live

Break-even rent $1,399

Max offer price $159,900

Occupancy floor 93%

Sensitivity live

Price	-10% $134	-5% $79	+0% $24	+5% $-31	+10% $-87
Rent	-10% $-89	-5% $-32	+0% $24	+5% $80	+10% $137
Rate	-1.0pp $105	-0.5pp $65	base $24	+0.5pp $-17	+1.0pp $-60

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: $39,975
• Closing costs: $4,797
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
911 S Park Rd Hollywood, FL	1.0–3.0	1.0–2.0	1123	$2,121	$1.89	0d	26	0.29mi
3500 Washington St Unit 206 Hollywood, FL	1.0	1.5	950	$1,655	$1.74	19d	1	0.47mi
2906 Mayo St Hollywood, FL	2.0	2.0	959	$2,345	$2.45	48d	1	0.54mi
2915 Plunkett St Unit 10D Hollywood, FL	1.0	1.0	640	$1,700	$2.66	112d	1	0.55mi
2915 Plunkett St Unit 10D Hollywood, FL	1.0	1.0	640	$1,600	$2.50	89d	1	0.55mi
2915 Plunkett St Unit 11D Hollywood, FL	1.0	1.0	640	$1,499	$2.34	11d	1	0.55mi
812 S Park Rd Hollywood, FL	1.0–3.0	1.0–2.0	999	$1,931	$1.93	0d	20	0.55mi
2917 Plunkett St Hollywood, FL	1.0–2.0	1.0	770	$1,450	$1.88	19d	2	0.56mi
2917 Plunkett St Unit 15C Hollywood, FL	2.0	1.0	900	$1,890	$2.10	60d	1	0.56mi
2918 Funston St Unit 34B Hollywood, FL	1.0	1.0	640	$1,700	$2.66	42d	1	0.57mi
4200 Hillcrest Dr #809 Hollywood, FL	1.0	1.5	844	$1,790	$2.12	35d	1	0.59mi
1046 Foster Rd Hallandale Beach, FL	2.0	1.0	750	$1,745	$2.33	27d	1	0.60mi
1046 Foster Rd Hallandale Beach, FL	2.0	1.0	750	$2,395	$3.19	64d	1	0.60mi
620 S Park Rd Unit 31-2 Hollywood, FL	1.0	1.0	841	$1,800	$2.14	120d	1	0.61mi
1042 Foster Rd Unit 1-2 Hallandale Beach, FL	1.0	1.0	973	$1,500	$1.54	65d	1	0.61mi
1042 Foster Rd Unit 1-2 Hallandale Beach, FL	1.0	1.0	973	$1,500	$1.54	67d	1	0.61mi
610 S Park Rd Unit 26-1 Hollywood, FL	1.0	1.0	841	$1,950	$2.32	84d	1	0.63mi
610 S Park Rd Unit 26-1 Hollywood, FL	1.0	1.0	841	$1,950	$2.32	99d	1	0.63mi
630 S Park Rd Unit 29-3 Hollywood, FL	1.0	1.0	650	$1,750	$2.69	11d	1	0.64mi
630 S Park Rd Unit 27-3 Hollywood, FL	1.0	1.0	841	$1,850	$2.20	41d	1	0.64mi
1041 NW 7th Ct Unit 2 Hallandale Beach, FL	1.0	1.0	600	$1,550	$2.58	120d	1	0.65mi
520 S Park Rd Unit 18-12 Hollywood, FL	2.0	2.0	1060	$2,200	$2.08	11d	1	0.67mi
640 S Park Rd Unit 14-4 Hollywood, FL	2.0	2.0	1060	$2,200	$2.08	112d	1	0.67mi
530 S Park Rd Hollywood, FL	1.0	1.0	841	$1,800	$2.14	120d	1	0.67mi
540 S Park Rd Unit 16-9 Hollywood, FL	1.0	1.0	841	$1,800	$2.14	19d	1	0.67mi
540 S Park Rd Unit 111-9 Hollywood, FL	1.0	1.0	650	$1,800	$2.77	42d	1	0.67mi
540 S Park Rd Unit 111-9 Hollywood, FL	1.0	1.0	650	$1,800	$2.77	11d	1	0.67mi
540 S Park Rd Unit 15-9 Hollywood, FL	1.0	1.0	841	$1,670	$1.99	50d	1	0.67mi
640 S Park Rd Unit 14-4 Hollywood, FL	2.0	2.0	1060	$2,300	$2.17	120d	1	0.67mi
550 S Park Rd Unit 14-8 Hollywood, FL	1.0	1.0	650	$1,750	$2.69	103d	1	0.67mi
540 S Park Rd Unit 15-9 Hollywood, FL	1.0	1.0	841	$1,900	$2.26	58d	1	0.67mi
540 S Park Rd Unit 110-9 Hollywood, FL	1.0	1.0	650	$1,700	$2.62	19d	1	0.67mi
640 S Park Rd Unit 14-4 Hollywood, FL	2.0	2.0	1060	$2,150	$2.03	45d	1	0.67mi
530 S Park Rd Hollywood, FL	2.0	2.0	1060	$2,375	$2.24	114d	1	0.67mi
540 S Park Rd Unit 15-9 Hollywood, FL	1.0	1.0	841	$1,900	$2.26	89d	1	0.67mi
540 S Park Rd Hollywood, FL	1.0	1.0	650	$1,150	$1.77	45d	1	0.67mi
550 S Park Rd Unit 25-8 Hollywood, FL	1.0	1.0	650	$1,800	$2.77	7d	1	0.67mi
550 S Park Rd Unit 18-8 Hollywood, FL	1.0	1.0	841	$1,700	$2.02	89d	1	0.67mi
640 S Park Rd Unit 34-4 Hollywood, FL	2.0	2.0	1060	$2,250	$2.12	120d	1	0.67mi
540 S Park Rd Unit 15-9 Hollywood, FL	1.0	1.0	841	$1,900	$2.26	74d	1	0.67mi

Property features AI

Finance

• Financial info: List price $159,900

Exterior

• Home design: Single-story spec home at 3203 South St, Hollywood, FL

Interior

• Bedrooms: 1 bedroom
• Bathrooms: 2 full bathrooms
• Interior features: Living area approximately 960

Listing history 50 events

1. 2026-09-22
   days on market $159,900 Active 130 DOM
2. 2026-09-20
   days on market $159,900 Active 128 DOM
3. 2026-09-18
   days on market $159,900 Active 126 DOM
4. 2026-09-17
   days on market $159,900 Active 125 DOM
5. 2026-09-16
   days on market $159,900 Active 124 DOM
6. 2026-09-15
   days on market $159,900 Active 123 DOM
7. 2026-09-14
   days on market $159,900 Active 122 DOM
8. 2026-09-13
   days on market $159,900 Active 121 DOM
9. 2026-09-12
   days on market $159,900 Active 120 DOM
10. 2026-09-11
    days on market $159,900 Active 119 DOM
11. 2026-09-05
    days on market $159,900 Active 113 DOM
12. 2026-09-04
    days on market $159,900 Active 112 DOM
13. 2026-08-29
    days on market $159,900 Active 106 DOM
14. 2026-08-28
    days on market $159,900 Active 105 DOM
15. 2026-08-27
    days on market $159,900 Active 104 DOM
16. 2026-08-25
    days on market $159,900 Active 102 DOM
17. 2026-08-24
    days on market $159,900 Active 101 DOM
18. 2026-08-23
    days on market $159,900 Active 100 DOM
19. 2026-08-22
    days on market $159,900 Active 99 DOM
20. 2026-08-21
    days on market $159,900 Active 98 DOM
21. 2026-08-20
    days on market $159,900 Active 97 DOM
22. 2026-08-19
    days on market $159,900 Active 96 DOM
23. 2026-08-18
    days on market $159,900 Active 95 DOM
24. 2026-08-16
    days on market $159,900 Active 93 DOM
25. 2026-08-14
    days on market $159,900 Active 91 DOM
26. 2026-08-13
    days on market $159,900 Active 90 DOM
27. 2026-08-12
    days on market $159,900 Active 89 DOM
28. 2026-08-11
    days on market $159,900 Active 88 DOM
29. 2026-08-10
    days on market $159,900 Active 87 DOM
30. 2026-08-09
    days on market $159,900 Active 86 DOM
31. 2026-08-08
    days on market $159,900 Active 85 DOM
32. 2026-08-06
    days on market $159,900 Active 83 DOM
33. 2026-08-05
    days on market $159,900 Active 82 DOM
34. 2026-08-03
    days on market $159,900 Active 80 DOM
35. 2026-07-31
    days on market $159,900 Active 77 DOM
36. 2026-07-24
    days on market $159,900 Active 70 DOM
37. 2026-07-23
    days on market $159,900 Active 69 DOM
38. 2026-07-22
    days on market $159,900 Active 68 DOM
39. 2026-07-21
    days on market $159,900 Active 67 DOM
40. 2026-07-20
    days on market $159,900 Active 66 DOM
41. 2026-07-16
    days on market $159,900 Active 62 DOM
42. 2026-07-15
    days on market $159,900 Active 61 DOM
43. 2026-07-14
    days on market $159,900 Active 60 DOM
44. 2026-07-13
    days on market $159,900 Active 59 DOM
45. 2026-07-13
    days on market $159,900 Active 58 DOM
46. 2026-07-11
    days on market $159,900 Active 57 DOM
47. 2026-07-10
    days on market $159,900 Active 56 DOM
48. 2026-07-10
    days on market $159,900 Active 55 DOM
49. 2026-07-07
    days on market $159,900 Active 53 DOM
50. 2026-07-06
    days on market $159,900 Active 52 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 4/10 Moderate FEMA zone X (shaded) · 18% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 5 d/yr ≥105°F today · 19 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

Taxation est. · year 1

• Rental income: $17,150
• − Mortgage interest: −$8,957
• − Property taxes: −$2,398
• − Insurance: −$800
• − Repairs & maintenance: −$1,372
• − Management: −$1,372
• − Depreciation: −$4,652
• Taxable loss: −$2,401
• Est. tax savings @ 24.0%: +$576
• After-tax cash flow: $864/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 · 19 photos

Good 80/100 Cosmetic rehab Est. rehab $4,800–$14,400 screening

This 2026 manufactured home in Orangebrook, Hollywood, FL, is in excellent condition with modern finishes and a good curb appeal. It's move-in ready with minor maintenance items to address.

Value-add opportunities

• Resale Paint exterior trim — Enhances curb appeal and value ↑
• Rental Replace window screens — Improves comfort and energy efficiency ↑

ⓘ Rehab cost is a screening estimate — Cosmetic 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 26/100

Zoned Schools

Elementary Colbert Elementary School F FL #1,797/2,144 Nat'l #24,950/41,679 Middle Mcnicol Middle School F FL #486/571 Nat'l #9,545/14,009 High Hallandale High School F FL #597/667 Nat'l #15,029/17,239

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: —

Market trends

• HPI YoY: ▼ -404.28%
• Current HPI: 429.7129
• Rent YoY: ▲ 2.41%
• 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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Property features AI

Finance

• Financial info: List price $159,900

Exterior

• Home design: Single-story spec home at 3203 South St, Hollywood, FL

Interior

• Bedrooms: 1 bedroom
• Bathrooms: 2 full bathrooms
• Interior features: Living area approximately 960