18 Eastgate Drive #DBoynton BeachFL33436
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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
Rental property for sale in Boynton Beach at 18 Eastgate Drive #D, Boynton Beach, FL, 33436 priced at $325,000 pairs $2,305/mo rent with $148/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,305/mo, and annual cash flow comes to $1,776/yr on $107,738 invested. Return on cash invested is 21.56% in year one, and rental yield stands at 8.51% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 112.26% and total cumulative return in cash reaches $120,949. For financing, Ziffy Mortgage’s DSCR program evaluates $2,305/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33436, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,243 (100%) |
| Owner Occupied HU | 14,249 (64.1%) |
| Renter Occupied HU | 5,015 (22.5%) |
| Vacant Housing Units | 2,979 (13.4%) |
| Median Home Value | $453,483 |
| Average Home Value | $521,819 |
Housing Distribution
Address Breakdown
Residential
21,663
Single Family
16,573
Multi-Family
5,090
Businesses
458
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Listed by: Jill Tarlow • Lang Realty/Delray Beach
Mls Name: BeachesMLS
Mls ID: #RX-11153186