1009 NW 8th StreetBoynton BeachFL33426
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Boynton Beach at 1009 NW 8th Street, Boynton Beach, FL, 33426 uses $148,844 cash to close to unlock $6,444/yr annual cash flow and $537/mo monthly cash flow. Total monthly income runs $3,517/mo, and a $2,198/mo payment keeps the spread at $537/mo. Purchase price stands at $449,000, and rental yield measures 9.4% with $3,517/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 126.63% and total cumulative return in cash records $188,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,517/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1957
8,242 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33426, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,164 (100%) |
| Owner Occupied HU | 6,843 (52.0%) |
| Renter Occupied HU | 5,168 (39.3%) |
| Vacant Housing Units | 1,153 ( 8.8%) |
| Median Home Value | $362,395 |
| Average Home Value | $407,459 |
Housing Distribution
Address Breakdown
Residential
13,066
Single Family
8,130
Multi-Family
4,936
Businesses
1,444
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Listed by: Alyssa Raymond • Disney Real Estate Services In
Mls Name: BeachesMLS
Mls ID: #RX-11150188