161 Lake Monterey CircleBoynton BeachFL33426
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
Rental property for sale in Boynton Beach at 161 Lake Monterey Circle, Boynton Beach, FL, 33426 priced at $374,900 converts $3,298/mo rent into $190/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,298/mo, and annual cash flow totals $2,282/yr on $124,279 invested. Return on cash invested prints 21.74% in year one, and rental yield reads 10.56% against a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation compiles into $103,578 by year five. Five-year ROI reaches 115.48% and total cumulative return in cash sums $143,515. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,298/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$335 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jean Christian Taveras • Atlis Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11099111
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.