1018 Grove Park CirBoynton BeachFL33436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Boynton Beach at 1018 Grove Park Cir, Boynton Beach, FL, 33436 priced at $720,000 pairs $5,959/mo rent with $835/mo cash flow after a $3,524/mo payment. Total monthly income equals $5,959/mo, and annual cash flow comes to $10,015/yr on $236,880 invested. Return on cash invested is 24.29% in year one, and rental yield stands at 9.93% on a $720,000 basis. Equity gained on principal adds $4,646/yr, and 5% annual appreciation accumulates to $198,923 by year five. Five-year ROI measures 127.52% and total cumulative return in cash reaches $302,071. For financing, Ziffy Mortgage’s DSCR program evaluates $5,959/mo property income against a $3,524/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
4,726 sqft lot
$N/A/sqft
$326 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33436, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,243 (100%) |
| Owner Occupied HU | 14,249 (64.1%) |
| Renter Occupied HU | 5,015 (22.5%) |
| Vacant Housing Units | 2,979 (13.4%) |
| Median Home Value | $453,483 |
| Average Home Value | $521,819 |
Housing Distribution
Address Breakdown
Residential
21,663
Single Family
16,573
Multi-Family
5,090
Businesses
458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sonja Hall • RE3 Community Development
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11741067
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.