14732 Canalview Drive #ADelray BeachFL33484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 14732 Canalview Drive #A, Delray Beach, FL, 33484 offers a 8.32% rental yield on a $239,000 purchase with $1,657/mo rent. Total monthly income registers $1,657/mo, and a $1,170/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $849/yr on $79,229 to close, and return on cash invested stands at 20.98% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 109.17% and total cumulative return in cash at $86,496. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,657/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33484, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 12,163 (65.3%) |
| Renter Occupied HU | 3,234 (17.4%) |
| Vacant Housing Units | 3,238 (17.4%) |
| Median Home Value | $325,221 |
| Average Home Value | $402,350 |
Housing Distribution
Address Breakdown
Residential
17,354
Single Family
9,426
Multi-Family
7,928
Businesses
438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nadereh Rezaie • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls ID: #RX-11140820