14 Ripley WayBoynton 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 14 Ripley Way, Boynton Beach, FL, 33426 priced at $449,900 converts $3,378/mo rent into $392/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,378/mo, and annual cash flow totals $4,709/yr on $149,142 invested. Return on cash invested prints 23.07% in year one, and rental yield reads 9.01% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 120.37% and total cumulative return in cash sums $179,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,378/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1990
5,907 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: Bruno Rodriguez • Nest Seekers Florida, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11122282