10677 Quail Covey Road #AzaleaBoynton 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 10677 Quail Covey Road #Azalea, Boynton Beach, FL, 33436 generates $5,395/mo in rent and, after a $2,932/mo payment, leaves $1,420/mo in cash flow. Total monthly income is $5,395/mo, and annual cash flow is $17,037/yr on $197,071 invested. Return on cash invested sits at 28.71% in year one, and rental yield is 10.81% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 150.57% and total cumulative return in cash sums $296,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,395/mo property income rather than buyer’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann M Jara • The Club at Quail Ridge Realty Inc
Mls Name: BeachesMLS
Mls ID: #RX-11143232