186 Burgundy DDelray BeachFL33484
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
Investment property for sale in Delray Beach at 186 Burgundy D, Delray Beach, FL, 33484 at $149,900 posts ROI 24.37% with $185/mo cash flow from $1,180/mo rent. Total monthly income equals $1,180/mo, and annual cash flow records $2,219/yr on $49,692 to close. Return on cash invested measures 24.37% and rental yield reads 9.45% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 127.36% and total cumulative return in cash totals $63,287.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa M Gauthier • Hudson Realty Of The Plm Bchs
Mls Name: BeachesMLS
Mls ID: #RX-11150327