2844 Funston St
Hollywood, FL 33020 · single_family · Pending — under contract · 111 days on market
Asking price$599,900
5 beds 2 baths 2,193 sqft
Listed by Eddie Blanco · Stratwell
Typesingle_family
Built1954
Price / sqft$274
Est. value (own analysis)$913,270
Rent estimate (own analysis)$7,999/mo
HOANone
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Statusfor_sale
Listed date2026-05-14
Removed date—
MLSMiamiMLS #A12017732
Coordinates26.00137, -80.16465
Address2844 Funston St
CityHollywood
StateFL
Zip33020
Listing ID5869638041
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $599,900 |
| Down payment (20.0%) | $119,980 |
| Loan amount | $479,920 |
| Closing costs (5.0%) | $29,995 |
| Total cash to close | $149,975 |
| Income | |
| Rent (comp-derived) | $7,999$95,988 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,359$88,309 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $950$11,398 |
| Insurance (placeholder 0.8% of price) | $400$4,799 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $400$4,799 |
| Total operating expenses | $1,750$20,997 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $400$4,799 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 2,267 | $6,600 | 2026-05-30 | — | |
| single_family | 5 | 2 | 1,750 | $8,950 | 2025-12-02 | — | |
| single_family | 5 | 3 | 1,825 | $7,999 | 2025-05-16 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1426 Coolidge St | single_family | 5 | 3 | 1,759 | $740,000 | 2026-06-16 |
| 1600 Van Buren St | single_family | 5 | 3 | 2,818 | $700,000 | 2026-03-30 |
| 1421 Tyler St | single_family | 5 | 4 | 5,715 | $2,380,000 | 2026-01-30 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2703 Adams St | single_family | 5 | 3 | 2,856 | $859,000 | — |
| 2827 Arthur St | single_family | 5 | 3 | 2,242 | $869,000 | — |
| 2546 Coolidge St | multi_family | 5 | 3 | 2,063 | $450,000 | — |
| 1515 Dewey St | single_family | 5 | 3 | — | $949,000 | — |
| 1704 Rodman St | single_family | 5 | 4 | 4,753 | $1,099,000 | — |
| 2513 Lincoln St | single_family | 5 | 5 | 4,544 | $890,000 | — |
| 1220 S 29th Ave | single_family | 5 | 5 | 1,788 | $747,777 | — |
| 1110 S 29th Ave | multi_family | 5 | 4 | 2,128 | $725,000 | — |
10-year hold projection
IRR25.0%
Equity multiple4.69x
Total return (10yr)$631,027
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $617,897 | $67,312 | $25,504 | $474,717 | $143,180 |
| 2 | $636,434 | $69,437 | $27,508 | $469,156 | $167,278 |
| 3 | $655,527 | $71,627 | $29,576 | $463,213 | $192,314 |
| 4 | $675,193 | $73,886 | $31,709 | $456,862 | $218,330 |
| 5 | $695,449 | $76,216 | $33,909 | $450,076 | $245,373 |
| 6 | $716,312 | $78,618 | $36,179 | $442,823 | $273,489 |
| 7 | $737,801 | $81,096 | $38,521 | $435,072 | $302,730 |
| 8 | $759,935 | $83,650 | $40,936 | $426,788 | $333,147 |
| 9 | $782,733 | $86,285 | $43,428 | $417,936 | $364,797 |
| 10 | $806,215 | $89,001 | $45,998 | $408,476 | $397,739 |
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.