1700 Dover Road #106aDelray BeachFL33445
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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 1700 Dover Road #106a, Delray Beach, FL, 33445 listed at $220,000 pairs $1,505/mo rent with a $1,077/mo payment to leave $45/mo cash flow. Total monthly income runs $1,505/mo, and annual cash flow reaches $538/yr on $72,930 cash to close. Return on cash invested measures 20.65% in year one, and rental yield registers 8.21% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 107.39% and total cumulative return in cash totals $78,323. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,505/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33445, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 10,662 (56.9%) |
| Renter Occupied HU | 5,158 (27.5%) |
| Vacant Housing Units | 2,931 (15.6%) |
| Median Home Value | $478,837 |
| Average Home Value | $555,405 |
Housing Distribution
Address Breakdown
Residential
16,460
Single Family
12,659
Multi-Family
3,801
Businesses
839
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Listed by: Amy Michelle Melendez • The Keyes Company
Mls Name: BeachesMLS
Mls ID: #RX-11135911