16 Ripley WayBoynton BeachFL33426
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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 Boynton Beach at 16 Ripley Way, Boynton Beach, FL, 33426 offers a 9.16% rental yield on a $459,900 purchase with $3,512/mo rent. Total monthly income registers $3,512/mo, and a $2,251/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,520/yr on $152,457 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,062 over five years. Portfolio math shows five-year ROI at 122.87% and total cumulative return in cash at $187,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,512/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33426, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,164 (100%) |
| Owner Occupied HU | 6,843 (52.0%) |
| Renter Occupied HU | 5,168 (39.3%) |
| Vacant Housing Units | 1,153 ( 8.8%) |
| Median Home Value | $362,395 |
| Average Home Value | $407,459 |
Housing Distribution
Address Breakdown
Residential
13,066
Single Family
8,130
Multi-Family
4,936
Businesses
1,444
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Listed by: Natalie Gagliano • Keller Williams Realty/P B
Mls Name: BeachesMLS
Mls ID: #RX-11140329