1320 NW 29th Ave APT CDelray 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
Investment property for sale in Delray Beach at 1320 NW 29th Ave APT C, Delray Beach, FL, 33445 earns $82/mo cash flow from $1,515/mo rent with a $1,057/mo payment. Total monthly income totals $1,515/mo, and annual cash flow totals $984/yr on $71,571 capital. ROI tracks 21.28% on current figures, and rental yield reads 8.42% at a $215,900 purchase. Equity gained on principal adds $1,393/yr, and 5% annual appreciation supports $59,649 over five years. Five-year ROI reaches 110.79% and total cumulative return in cash sums $79,292. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,515/mo property income instead of your personal income.
Townhouse
Built in 1984
N/A 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: Laura Irizarry • Silver Tower Realty
Mls Name: MIAMI
Mls ID: #A11905894