120 NE 20th Ave #3Deerfield BeachFL33441
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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 Deerfield Beach at 120 NE 20th Ave #3, Deerfield Beach, FL, 33441 earns $88/mo cash flow from $1,979/mo rent with a $1,395/mo payment. Total monthly income totals $1,979/mo, and annual cash flow totals $1,051/yr on $94,478 capital. ROI tracks 21.02% on current figures, and rental yield reads 8.33% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 109.4% and total cumulative return in cash sums $103,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,979/mo property income instead of your personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33441, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,216 (46.3%) |
| Renter Occupied HU | 5,970 (38.3%) |
| Vacant Housing Units | 2,405 (15.4%) |
| Median Home Value | $500,801 |
| Average Home Value | $621,225 |
Housing Distribution
Address Breakdown
Residential
13,198
Single Family
7,257
Multi-Family
5,941
Businesses
1,372
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Listed by: Paul T Morris • AAA Realty Group INC
Mls Name: BeachesMLS
Mls ID: #F10529103