15450 Pembridge Avenue #189Delray BeachFL33484
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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 15450 Pembridge Avenue #189, Delray Beach, FL, 33484 earns $255/mo cash flow from $1,521/mo rent with a $934/mo payment. Total monthly income totals $1,521/mo, and annual cash flow totals $3,054/yr on $63,283 capital. ROI tracks 24.74% on current figures, and rental yield reads 9.56% at a $190,900 purchase. Equity gained on principal adds $1,232/yr, and 5% annual appreciation supports $52,742 over five years. Five-year ROI reaches 129.32% and total cumulative return in cash sums $81,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,521/mo property income instead of your personal income.
Condo
Built in 1987
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
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Listed by: Charlotte Ann Belanger • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #RX-11097740