15896 Laurel Oak CircleDelray 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 15896 Laurel Oak Circle, Delray Beach, FL, 33484 uses $104,422 cash to close to unlock $12,005/yr annual cash flow and $1,000/mo monthly cash flow. Total monthly income runs $3,091/mo, and a $1,542/mo payment keeps the spread at $1,000/mo. Purchase price stands at $314,999, and rental yield measures 11.78% with $3,091/mo rent. Return on cash invested shows 31.41% in year one, and 5% annual appreciation builds toward $87,028 over five years. Five-year ROI reaches 165.1% and total cumulative return in cash records $172,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,091/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1980
2,688 sqft 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: Michael F D'Addio • D'Addio Realty
Mls Name: BeachesMLS
Mls ID: #RX-11155130