2023 SW 16th AveBoynton BeachFL33426
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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 Boynton Beach at 2023 SW 16th Ave, Boynton Beach, FL, 33426 listed at $293,500 pairs $2,074/mo rent with a $1,437/mo payment to leave $126/mo cash flow. Total monthly income runs $2,074/mo, and annual cash flow reaches $1,510/yr on $97,295 cash to close. Return on cash invested measures 21.46% in year one, and rental yield registers 8.48% at a $293,500 basis. Equity gained on principal adds $1,894/yr, and annual property appreciation at 5% supports $81,089 by year five. Five-year ROI tracks 111.75% and total cumulative return in cash totals $108,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,074/mo property income relative to a $1,437/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
7,471 sqft lot
$N/A/sqft
No 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
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Listed by: Elaine Gennaro • EXP Realty LLC
Mls Name: MIAMI
Mls ID: #A11954601