1620 McKinley St

Hollywood, FL 33020 · single_family · For Sale · 124 days on market
Asking price$715,000
3 beds 3 baths 1,396 sqft
Suggested offer$516,562$198,438 above the est. market value of $516,562.
View on Realtor.com →
Listed by Alex Bruno, Agent · Remax 5 Star Realty
Typesingle_family
Built1951
Price / sqft$512
Est. value (own analysis)$516,562
Rent estimate (own analysis)$3,475/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-01
Removed date
MLSMiamiMLS #A12010882
Coordinates26.02435, -80.13999
Address1620 McKinley St
CityHollywood
StateFL
Zip33020
Listing ID6986185688
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$715,000
Down payment (20.0%)$143,000
Loan amount$572,000
Closing costs (5.0%)$35,750
Total cash to close$178,750
Rent (comp-derived)$3,475$41,700
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$41,700
Vacancy rate (assumption) assumption8.0%

$41,700 × 8.0% = $3,336

Effective gross income$3,197$38,364
Property tax (placeholder 1.9% of price)$1,132$13,585
Insurance (placeholder 0.8% of price)$477$5,720
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$174$2,085
Total operating expenses$1,783$21,390
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,364
Total operating expenses derived$21,390

$38,364 − $21,390 = $16,974

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$572,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$572,000 amortized at 6.7% over 30 years = $3,676/mo

CapEx reserve (5.0% of GSR)$174$2,085
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$16,974
Annual debt service derived$44,110
Annual CapEx reserve assumption$2,085
Annual PMI assumption$0

($16,974 − $44,110 − $2,085 − $0) ÷ 12 = -$2,435

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,974
Purchase price data$715,000

$16,974 ÷ $715,000 = 2.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$29,221
Total cash to close derived$178,750

-$29,221 ÷ $178,750 = -16.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,974
Annual debt service derived$44,110

$16,974 ÷ $44,110 = 0.38

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$41,700
Purchase price data$715,000

($41,700 ÷ 12) ÷ $715,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$715,000
Gross scheduled rent (annual) comp$41,700

$715,000 ÷ $41,700 = 17.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$21,390
Effective gross income derived$38,364

$21,390 ÷ $38,364 = 55.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$21,390
Annual debt service derived$44,110
Annual PMI assumption$0
Gross scheduled rent (annual) comp$41,700

($21,390 + $44,110 + $0) ÷ $41,700 = 157.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,103$2,2452026-05-29
single_family321,371$2,780
single_family311,027$2,110
single_family321,258$2,640
single_family321,385$2,3002026-03-11
single_family321,200$2,7002026-06-26
single_family321,484$3,7502026-07-08
single_family321,431$3,6502026-08-24
single_family321,472$4,5002026-08-10
single_family321,750$4,7502026-08-14
single_family31932$2,4492026-08-08
single_family321,029$3,5002026-08-05
single_family321,242$3,5002026-07-18
single_family331,523$3,9002026-08-01
single_family321,482$5,4502026-07-21
single_family311,010$2,5902026-06-09
single_family321,727$3,8502026-06-01
single_family321,706$2,6992026-04-24
single_family321,479$4,0002026-05-27
single_family321,357$3,8402026-06-03
single_family321,446$3,2002026-07-01
single_family321,000$2,8002026-07-26
single_family321,164$3,0002026-05-12
single_family321,400$5,5002026-05-22
single_family321,748$2,8952026-04-21
single_family321,523$3,6002026-07-24
single_family31912$3,7002026-08-19
single_family311,325$2,7752026-06-24
single_family321,480$4,4002026-05-22
single_family321,160$3,9002026-06-25
single_family321,324$3,2002026-07-15
single_family321,215$3,7002026-07-05
single_family32991$3,0002026-08-16
single_family321,400$4,0002026-07-02
single_family321,250$3,500
single_family321,250$3,450
single_family321,836$3,300
single_family331,500$3,300
single_family321,200$3,100
single_family331,556$3,600
single_family31916$2,1992026-08-28
single_family321,013$4,2002026-08-28

2435 Liberty St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,103
Listed2026-05-29
Days on market

Asking rent: $2,245

View on Zillow →

2468 Wiley St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,371
Listed
Days on market

Asking rent: $2,780

View on Zillow →

2218 Farragut St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,027
Listed
Days on market

Asking rent: $2,110

View on Zillow →

2320 Douglas St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,258
Listed
Days on market

Asking rent: $2,640

View on Zillow →

1418 Dewey St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,385
Listed2026-03-11
Days on market

Asking rent: $2,300

View on Zillow →

2235 Farragut St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-06-26
Days on market

Asking rent: $2,700

View on Zillow →

1902 N 24th Ave

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,484
Listed2026-07-08
Days on market

Asking rent: $3,750

View on Zillow →

2705 Roosevelt St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,431
Listed2026-08-24
Days on market

Asking rent: $3,650

View on Zillow →

1523 Monroe St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,472
Listed2026-08-10
Days on market

Asking rent: $4,500

View on Zillow →

1508A Funston St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,750
Listed2026-08-14
Days on market

Asking rent: $4,750

View on Zillow →

2111 Monroe Ter

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage932
Listed2026-08-08
Days on market

Asking rent: $2,449

View on Zillow →

2618 Sherman St # 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,029
Listed2026-08-05
Days on market

Asking rent: $3,500

View on Zillow →

1111 N 25th Ave

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,242
Listed2026-07-18
Days on market

Asking rent: $3,500

View on Zillow →

1540 N Trafalgar Cir

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,523
Listed2026-08-01
Days on market

Asking rent: $3,900

View on Zillow →

2706 Scott St Unit 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,482
Listed2026-07-21
Days on market

Asking rent: $5,450

View on Zillow →

1816 Roosevelt St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,010
Listed2026-06-09
Days on market

Asking rent: $2,590

View on Zillow →

706 S 19th Ave

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,727
Listed2026-06-01
Days on market

Asking rent: $3,850

View on Zillow →

1812 Fillmore St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,706
Listed2026-04-24
Days on market

Asking rent: $2,699

View on Zillow →

1715 Jefferson St Unit 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,479
Listed2026-05-27
Days on market

Asking rent: $4,000

View on Zillow →

1635 Hollywood Blvd Unit A

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,357
Listed2026-06-03
Days on market

Asking rent: $3,840

View on Zillow →

2230 Atlanta St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,446
Listed2026-07-01
Days on market

Asking rent: $3,200

View on Zillow →

2130 Plunkett Ct

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,000
Listed2026-07-26
Days on market

Asking rent: $2,800

View on Zillow →

2520 Fillmore St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,164
Listed2026-05-12
Days on market

Asking rent: $3,000

View on Zillow →

2650 Scott St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,400
Listed2026-05-22
Days on market

Asking rent: $5,500

View on Zillow →

1855 Sherman St Unit 1-2

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,748
Listed2026-04-21
Days on market

Asking rent: $2,895

View on Zillow →

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,523
Listed2026-07-24
Days on market

Asking rent: $3,600

View on Zillow →

1623 S 24th Ter

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage912
Listed2026-08-19
Days on market

Asking rent: $3,700

View on Zillow →

1905 Monroe St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,325
Listed2026-06-24
Days on market

Asking rent: $2,775

View on Zillow →

1918 Liberty St Unit 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,480
Listed2026-05-22
Days on market

Asking rent: $4,400

View on Zillow →

2718 Sherman St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,160
Listed2026-06-25
Days on market

Asking rent: $3,900

View on Zillow →

920 N 26th Ave Unit 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,324
Listed2026-07-15
Days on market

Asking rent: $3,200

View on Zillow →

2130 Funston St Unit 2130

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,215
Listed2026-07-05
Days on market

Asking rent: $3,700

View on Zillow →

307 N 28th Ave

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage991
Listed2026-08-16
Days on market

Asking rent: $3,000

View on Zillow →

2465 Taylor St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,400
Listed2026-07-02
Days on market

Asking rent: $4,000

View on Zillow →

1201 N 16th Ave

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,250
Listed
Days on market

Asking rent: $3,500

View on Zillow →

1648 Adams St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,250
Listed
Days on market

Asking rent: $3,450

View on Zillow →

1736 N 16th Ct # B

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,836
Listed
Days on market

Asking rent: $3,300

View on Zillow →

2526 Pierce St Unit 6

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,500
Listed
Days on market

Asking rent: $3,300

View on Zillow →

2415 Garfield St # 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed
Days on market

Asking rent: $3,100

View on Zillow →

2620 Pierce Townhouse St # A3

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,556
Listed
Days on market

Asking rent: $3,600

View on Zillow →

2105 Monroe Ter Unit 1

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage916
Listed2026-08-28
Days on market

Asking rent: $2,199

View on Zillow →

420 S 28th Ave

Hollywood, 33020 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,013
Listed2026-08-28
Days on market

Asking rent: $4,200

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
1550 Tyler Stsingle_family322,351$1,025,0002026-08-31
2730 Sherman Stsingle_family321,620$738,0002026-08-26
2611 Rodman Stsingle_family32$456,0002026-08-21
2104 N 14th Ctsingle_family321,816$482,5002026-08-20
1459 Jefferson Stsingle_family332,221$1,150,0002026-08-17
1435 Johnson Stsingle_family321,844$610,0002026-08-17
1000 N 17th Avesingle_family321,106$540,0002026-08-10
2747 Dewey Stsingle_family311,284$497,0002026-07-28
2209 N 15th Avesingle_family321,449$495,0002026-07-28
2060 N 26th Avesingle_family321,418$565,0002026-07-27
1611 Madison Stsingle_family321,244$675,0002026-07-23
2543 Liberty Stsingle_family321,615$470,0002026-07-23
2503 Scott Stsingle_family31963$397,0002026-07-22
2711 Adams Stsingle_family321,054$440,0002026-07-22
2924 Dewey Stsingle_family322,056$350,0002026-07-17
1010 N 16th Avesingle_family321,493$566,5002026-07-15
1425 S 24th Avesingle_family321,486$295,7002026-07-14
1224 N 26th Avesingle_family321,407$427,0002026-07-06
2716 Polk Stsingle_family321,736$499,0002026-07-02
1551 Tyler Stsingle_family321,680$535,0002026-06-30
1612 Funston Stsingle_family321,927$690,1002026-06-26
2511 McKinley Stsingle_family321,132$370,0002026-06-23
2729 Harding Stsingle_family331,528$648,0002026-06-19
1550 N Trafalgar Cirsingle_family331,399$475,0002026-06-18
2503 Wiley Stsingle_family321,212$427,0002026-06-17
2827 McKinley Stsingle_family321,387$730,0002026-06-17
2307 Wilson Stsingle_family321,324$425,0002026-06-17
2704 Cleveland Stsingle_family321,725$710,0002026-06-12
1540 Fletcher Stsingle_family321,729$560,0002026-06-11
815 S 26th Ctsingle_family321,752$380,3502026-06-09
1215 S 24th Avesingle_family311,092$460,0002026-06-09
2336 Hope Stsingle_family32$438,0002026-06-08
2447 Wilson Stsingle_family321,126$485,0002026-06-05
1015 S 14th Avesingle_family342,186$1,100,0002026-06-03
2530 McKinley Stsingle_family321,365$447,0002026-06-01
1609 S 23rd Avesingle_family321,355$400,0002026-06-01
1212 S 26th Avesingle_family321,736$440,0002026-06-01
1609 S 25th Avesingle_family32867$375,0002026-05-29
1438 Fletcher Stsingle_family331,928$630,0002026-05-28
1517 Moffett Stsingle_family321,392$585,0002026-05-28
906 S 26th Avesingle_family321,285$510,0002026-05-21
805 N 29th Avesingle_family311,235$365,0002026-05-14
2241 Hope Stsingle_family321,290$525,0002026-05-14
2856 N Funston Stsingle_family321,482$515,0002026-05-13
1919 Sherman Stsingle_family321,975$597,2002026-05-12
2447 McKinley Stsingle_family321,075$400,0002026-05-12
1628 Arthur Stsingle_family321,178$599,8002026-05-11
1547 Harrison Stsingle_family321,270$515,0002026-05-08
2542 Coolidge Stsingle_family32980$430,0002026-05-06
2462 Washington Stsingle_family321,155$425,0002026-05-06

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
1302 S 23rd Avesingle_family321,580$450,000
2260 Charleston Stsingle_family321,690$490,000
2236 Raleigh Stsingle_family31910$148,000
2431 Mayo Stsingle_family321,030$420,000
527 S 28th Avesingle_family321,570$5,000
2901 Fletcher Stsingle_family32956$365,000
910 N 14th Ctsingle_family332,433$749,000
2647 Pierce Stmulti_family331,591$625,000

10-year hold projection

IRR-0.9%
Equity multiple0.85x
Total return (10yr)$66,752
YearProperty valueNOICash flowLoan balanceEquity
1$736,450$16,974-$29,221$565,798$170,652
2$758,544$17,590-$28,657$559,171$199,373
3$781,300$18,228-$28,073$552,088$229,212
4$804,739$18,887-$27,469$544,519$260,220
5$828,881$19,568-$26,843$536,430$292,451
6$853,747$20,274-$26,195$527,785$325,962
7$879,360$21,003-$25,525$518,547$360,813
8$905,741$21,757-$24,831$508,674$397,066
9$932,913$22,537-$24,114$498,124$434,789
10$960,900$23,343-$23,371$486,849$474,051
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.