2442 Funston St

Hollywood, FL 33020 · single_family · For Sale · 29 days on market
Asking price$450,000
4 beds 2 baths 1,455 sqft
View on Realtor.com →
Listed by Amy Berman · The Keyes Company
Typesingle_family
Built1948
Price / sqft$309
Est. value (own analysis)$495,899
Rent estimate (own analysis)$4,300/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-08-04
Removed date
MLSBeachesMLS #B26060049
Coordinates26.00164, -80.15560
Address2442 Funston St
CityHollywood
StateFL
Zip33020
Listing ID5177460424
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33020)

Median sale price$489,000
Median days on market (sale)94
Active sale listings625
Median rent$2,000/mo
Median days on market (rent)33
Active rental listings1144
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33020 (≥6 of 50 per our log)

Underwriting (buy-and-hold, default assumptions)

Purchase price$450,000
Down payment (20.0%)$90,000
Loan amount$360,000
Closing costs (5.0%)$22,500
Total cash to close$112,500
Rent (comp-derived)$4,300$51,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$51,600
Vacancy rate (assumption) assumption8.0%

$51,600 × 8.0% = $4,128

Effective gross income$3,956$47,472
Property tax (placeholder 1.9% of price)$713$8,550
Insurance (est. scaled by flood & wind risk)$480$5,760
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$215$2,580
Total operating expenses$1,408$16,890
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$47,472
Total operating expenses derived$16,890

$47,472 − $16,890 = $30,582

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$360,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$360,000 amortized at 6.7% over 30 years = $2,313/mo

CapEx reserve (5.0% of GSR)$215$2,580
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$30,582
Annual debt service derived$27,762
Annual CapEx reserve assumption$2,580
Annual PMI assumption$0

($30,582 − $27,762 − $2,580 − $0) ÷ 12 = $20

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$30,582
Purchase price data$450,000

$30,582 ÷ $450,000 = 6.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$240
Total cash to close derived$112,500

$240 ÷ $112,500 = 0.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$30,582
Annual debt service derived$27,762

$30,582 ÷ $27,762 = 1.10

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$51,600
Purchase price data$450,000

($51,600 ÷ 12) ÷ $450,000 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$450,000
Gross scheduled rent (annual) comp$51,600

$450,000 ÷ $51,600 = 8.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,890
Effective gross income derived$47,472

$16,890 ÷ $47,472 = 35.6%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$16,890
Annual debt service derived$27,762
Annual PMI assumption$0
Gross scheduled rent (annual) comp$51,600

($16,890 + $27,762 + $0) ÷ $51,600 = 86.5%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,404$3,1502026-08-27
single_family441,900$3,9002026-08-09
single_family421,200$3,2502026-08-24
single_family421,663$3,9002026-08-07
single_family431,932$6,0002026-08-17
single_family421,328$3,6002026-06-09
single_family431,440$6,0002026-08-19
single_family421,476$4,6002026-05-08
single_family421,459$4,9992026-04-07
single_family421,460$3,3002025-11-26
single_family431,260$4,9502026-07-17
single_family431,597$4,9502026-06-23
single_family421,290$3,3002026-03-11
single_family421,946$6,5002026-05-11
single_family421,685$12,0002025-09-24
single_family421,800$4,0002025-11-26

1849 Madison St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,404
Listed2026-08-27
Days on market

Asking rent: $3,150

View on Zillow →

1422 Wiley St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,900
Listed2026-08-09
Days on market

Asking rent: $3,900

View on Zillow →

2539 Cleveland St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,200
Listed2026-08-24
Days on market

Asking rent: $3,250

View on Zillow →

1843 N 27th Ct

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,663
Listed2026-08-07
Days on market

Asking rent: $3,900

View on Zillow →

1527 Fletcher St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,932
Listed2026-08-17
Days on market

Asking rent: $6,000

View on Zillow →

1423 Garfield St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,328
Listed2026-06-09
Days on market

Asking rent: $3,600

View on Zillow →

1413 Funston St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,440
Listed2026-08-19
Days on market

Asking rent: $6,000

View on Zillow →

1721 N 16th Ct

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,476
Listed2026-05-08
Days on market

Asking rent: $4,600

View on Zillow →

1448 Dewey St Unit 1448

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,459
Listed2026-04-07
Days on market

Asking rent: $4,999

View on Zillow →

1531 Moffett St Unit 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,460
Listed2025-11-26
Days on market

Asking rent: $3,300

View on Zillow →

1912 Sherman St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,260
Listed2026-07-17
Days on market

Asking rent: $4,950

View on Zillow →

1635 Hollywood Blvd

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,597
Listed2026-06-23
Days on market

Asking rent: $4,950

View on Zillow →

2423 Scott St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,290
Listed2026-03-11
Days on market

Asking rent: $3,300

View on Zillow →

2125 N 14th Ct

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,946
Listed2026-05-11
Days on market

Asking rent: $6,500

View on Zillow →

1435 Grant St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,685
Listed2025-09-24
Days on market

Asking rent: $12,000

View on Zillow →

2213 Simms St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,800
Listed2025-11-26
Days on market

Asking rent: $4,000

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
1120 S 28th Avesingle_family421,574$550,0002026-08-28
1610 S 22nd Avesingle_family421,335$455,0002026-08-26
2857 Adams Stsingle_family421,418$575,0002026-08-14
2633 NW Taft Stsingle_family431,571$615,0002026-08-07
2701 Scott Stsingle_family421,565$817,0002026-07-30
2649 Scott Stsingle_family432,022$970,0002026-07-02
2831 Monroe Stsingle_family431,594$584,0002026-05-29
1628 Monroe Stsingle_family432,674$1,050,0002026-05-05
1425 S 25th Avesingle_family421,756$552,0002026-04-30
2708 Adams Stsingle_family421,650$505,0002026-04-15
2815 Madison Stsingle_family421,345$437,0002026-04-14
2631 Wilson Stsingle_family421,671$520,0002026-03-25
2630 McKinley Stsingle_family432,640$595,0002026-02-25
2318 Washington Stsingle_family421,463$445,0002026-02-10
2314 N 26th Avesingle_family421,409$438,0002026-01-28
1418 Jefferson Stsingle_family442,116$1,250,0002026-01-12
1429 Rodman Stsingle_family442,513$810,0002026-01-05
2642 Monroe Stsingle_family432,471$577,5002025-12-26
500 N 26th Avesingle_family432,895$250,0002025-12-24
2112 N 14th Tersingle_family421,467$575,0002025-12-22
1623 Mayo Stsingle_family453,285$865,0002025-12-11
2230 Farragut Stsingle_family43$499,0002025-12-04
1443 Harrison Stsingle_family432,628$1,199,0002025-11-26
2550 Adams Stsingle_family431,877$689,0002025-11-18

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
2327 Freedom Stsingle_family421,352$330,000
2665 Johnson Stsingle_family432,030$979,000
2619 Arthur Stsingle_family432,708$689,000
2701 Garfield Stsingle_family421,151$564,000
425 S 15th Avesingle_family422,156$765,000
1935 Arthur Stsingle_family421,385$649,000
1443 Funston Stsingle_family442,767$2,995,000
1928 Adams Stmulti_family421,755$550,000

10-year hold projection

IRR11.3%
Equity multiple2.76x
Total return (10yr)$256,822
YearProperty valueNOICash flowLoan balanceEquity
1$463,500$30,582$240$356,097$107,403
2$477,405$31,584$1,178$351,925$125,480
3$491,727$32,618$2,146$347,468$144,259
4$506,479$33,685$3,145$342,704$163,775
5$521,673$34,787$4,177$337,613$184,060
6$537,324$35,924$5,243$332,172$205,151
7$553,443$37,097$6,343$326,358$227,085
8$570,047$38,308$7,479$320,145$249,902
9$587,148$39,557$8,652$313,505$273,643
10$604,762$40,847$9,863$306,408$298,354
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.