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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Delray Beach at 189 Normandy Ln #D, Delray Beach, FL, 33484 listed at $140,500 pairs $1,978/mo rent with a $688/mo payment to leave $523/mo cash flow. Total monthly income runs $1,978/mo, and annual cash flow reaches $6,271/yr on $46,576 cash to close. Return on cash invested measures 33.37% in year one, and rental yield registers 16.89% at a $140,500 basis. Equity gained on principal adds $907/yr, and annual property appreciation at 5% supports $38,818 by year five. Five-year ROI tracks 180.56% and total cumulative return in cash totals $84,095. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,978/mo property income relative to a $688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
1 Acres lot
$N/A/sqft
$468 monthly HOA
Neighborhood data shown for ZIP Code: 33484, Delray Beach, FL area.
| 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 |
Residential
17,354
Single Family
9,426
Multi-Family
7,928
Businesses
438
Date | Event | Price |
|---|---|---|
| 2025-06-28 | Listing removed | $1,750 |
| 2025-06-27 | Listing removed | $150,000 |
| 2025-06-23 | Price change | $1,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1906.00 | 4.04% | $91,311 | 10.00% |
| 2023-10-25 | $1832.00 | 8.72% | $83,010 | 10.00% |
| 2022-10-25 | $1685.00 | 15.89% | $75,464 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
