1020 Crystal Way #CDelray BeachFL33444
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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
Rental property for sale in Delray Beach at 1020 Crystal Way #C, Delray Beach, FL, 33444 priced at $242,500 converts $2,299/mo rent into $107/mo cash flow after a $1,187/mo obligation. Total monthly income equals $2,299/mo, and annual cash flow totals $1,281/yr on $80,389 invested. Return on cash invested prints 21.5% in year one, and rental yield reads 11.38% against a $242,500 entry. Equity gained on principal adds $1,565/yr, while 5% annual appreciation compiles into $66,998 by year five. Five-year ROI reaches 115.13% and total cumulative return in cash sums $92,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,299/mo property income covering a $1,187/mo payment, not borrower’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$512 monthly HOA
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Listed by: Jared Leshner • Champagne & Parisi Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10952715
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