12 Nottingham PlBoynton BeachFL33426
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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 Boynton Beach at 12 Nottingham Pl, Boynton Beach, FL, 33426 priced at $550,000 converts $4,020/mo rent into $370/mo cash flow after a $2,692/mo obligation. Total monthly income equals $4,020/mo, and annual cash flow totals $4,441/yr on $180,950 invested. Return on cash invested prints 22.51% in year one, and rental yield reads 8.77% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 117.39% and total cumulative return in cash sums $212,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,020/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2006
2,526 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33426, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,164 (100%) |
| Owner Occupied HU | 6,843 (52.0%) |
| Renter Occupied HU | 5,168 (39.3%) |
| Vacant Housing Units | 1,153 ( 8.8%) |
| Median Home Value | $362,395 |
| Average Home Value | $407,459 |
Housing Distribution
Address Breakdown
Residential
13,066
Single Family
8,130
Multi-Family
4,936
Businesses
1,444
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Listed by: Nelson Vega • Preferred Shore LLC
Mls Name: MIAMI
Mls ID: #A11881502