1020 Ellesmere B #1020Deerfield BeachFL33442
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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 Deerfield Beach at 1020 Ellesmere B #1020, Deerfield Beach, FL, 33442 listed at $115,000 pairs $883/mo rent with a $563/mo payment to leave $120/mo cash flow. Total monthly income runs $883/mo, and annual cash flow reaches $1,437/yr on $38,123 cash to close. Return on cash invested measures 23.68% in year one, and rental yield registers 9.21% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 123.67% and total cumulative return in cash totals $47,145. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $883/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33442, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,378 (100%) |
| Owner Occupied HU | 11,423 (53.4%) |
| Renter Occupied HU | 4,839 (22.6%) |
| Vacant Housing Units | 5,116 (23.9%) |
| Median Home Value | $328,566 |
| Average Home Value | $404,621 |
Housing Distribution
Address Breakdown
Residential
19,114
Single Family
9,087
Multi-Family
10,027
Businesses
1,355
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Listed by: Jordan Sorman • Signature International RE
Mls Name: BeachesMLS
Mls ID: #RX-11115352