1165 Crystal Way #LDelray 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 1165 Crystal Way #L, Delray Beach, FL, 33444 priced at $209,599 pairs $2,137/mo rent with $226/mo cash flow after a $1,026/mo payment. Total monthly income equals $2,137/mo, and annual cash flow comes to $2,716/yr on $69,482 invested. Return on cash invested is 23.82% in year one, and rental yield stands at 12.23% on a $209,599 basis. Equity gained on principal adds $1,353/yr, and 5% annual appreciation accumulates to $57,908 by year five. Five-year ROI measures 127.68% and total cumulative return in cash reaches $88,714. For financing, Ziffy Mortgage’s DSCR program evaluates $2,137/mo property income against a $1,026/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
$427 monthly HOA
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Listed by: Jared Leshner • Champagne & Parisi Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10952600
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.