1130 NW 18th AvenueDelray BeachFL33445
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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 1130 NW 18th Avenue, Delray Beach, FL, 33445 generates $4,153/mo in rent, after a $3,132/mo payment. Total monthly income is $4,153/mo. Return on cash invested sits at 19.53% in year one, and rental yield is 7.79% on a $639,900 entry. Equity gained on principal adds $4,129/yr, while 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 101.36% and total cumulative return in cash sums $213,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,153/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33445, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 10,662 (56.9%) |
| Renter Occupied HU | 5,158 (27.5%) |
| Vacant Housing Units | 2,931 (15.6%) |
| Median Home Value | $478,837 |
| Average Home Value | $555,405 |
Housing Distribution
Address Breakdown
Residential
16,460
Single Family
12,659
Multi-Family
3,801
Businesses
839
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Listed by: Anthony Addeo PA • Posh Properties
Mls Name: BeachesMLS
Mls ID: #RX-11134457