15321 Strathearn Drive #10902Delray BeachFL33446
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 15321 Strathearn Drive #10902, Delray Beach, FL, 33446 listed at $325,000 pairs $2,213/mo rent with a $1,591/mo payment to leave $56/mo cash flow. Total monthly income runs $2,213/mo, and annual cash flow reaches $672/yr on $107,738 cash to close. Return on cash invested measures 20.53% in year one, and rental yield registers 8.17% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 106.76% and total cumulative return in cash totals $115,021. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,213/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanette Maria Blue • Signature International RE
Mls Name: BeachesMLS
Mls ID: #RX-11140240