15293 Summer Lake DrDelray BeachFL33446
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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 15293 Summer Lake Dr, Delray Beach, FL, 33446 listed at $577,000 pairs $4,763/mo rent with a $2,824/mo payment to leave $626/mo cash flow. Total monthly income runs $4,763/mo, and annual cash flow reaches $7,513/yr on $189,833 cash to close. Return on cash invested measures 24.02% in year one, and rental yield registers 9.91% at a $577,000 basis. Equity gained on principal adds $3,723/yr, and annual property appreciation at 5% supports $159,414 by year five. Five-year ROI tracks 126.16% and total cumulative return in cash totals $239,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,763/mo property income relative to a $2,824/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
N/A lot
$N/A/sqft
$308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33446, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,612 (100%) |
| Owner Occupied HU | 13,827 (70.5%) |
| Renter Occupied HU | 2,434 (12.4%) |
| Vacant Housing Units | 3,351 (17.1%) |
| Median Home Value | $558,273 |
| Average Home Value | $649,778 |
Housing Distribution
Address Breakdown
Residential
18,652
Single Family
11,325
Multi-Family
7,327
Businesses
501
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Listed by: Monica Cygan • Monica Cygan P.A.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11669093
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.