1382 High Point Way Ne BDelray 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 1382 High Point Way Ne B, Delray Beach, FL, 33445 uses $61,162 cash to close to unlock $2,600/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,441/mo, and a $903/mo payment keeps the spread at $217/mo. Purchase price stands at $184,500, and rental yield measures 9.37% with $1,441/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $50,974 over five years. Five-year ROI reaches 126.26% and total cumulative return in cash records $77,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,441/mo property income covering a $903/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
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: James Nardi • Advanced Asset Management Inc.
Mls Name: BeachesMLS
Mls ID: #F10516750