10301 Quail Covey Road #Hibiscus SBoynton BeachFL33436
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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 10301 Quail Covey Road #Hibiscus S, Boynton Beach, FL, 33436 offers a 9.74% rental yield on a $665,000 purchase with $5,399/mo rent. Total monthly income registers $5,399/mo, and a $3,255/mo payment leaves $986/mo available for distribution. Annual cash flow reaches $11,829/yr on $218,785 to close, and return on cash invested stands at 25.47% in year one. Equity gained on principal adds $4,291/yr while 5% annual appreciation supports $183,727 over five years. Portfolio math shows five-year ROI at 133.2% and total cumulative return in cash at $291,427. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,399/mo property income against a $3,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No 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
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Listed by: Ann M Jara • The Club at Quail Ridge Realty Inc
Mls Name: BeachesMLS
Mls ID: #RX-11136251