2038 Alta Meadows Lane #1512, Delray Beach, FL, 33444 | $955/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Delray Beach at 2038 Alta Meadows Lane #1512, Delray Beach, FL, 33444 uses $120,998 cash to close to unlock $11,463/yr annual cash flow and $955/mo monthly cash flow. Total monthly income runs $3,377/mo, and a $1,786/mo payment keeps the spread at $955/mo. Purchase price stands at $365,000, and rental yield measures 11.1% with $3,377/mo rent. Return on cash invested shows 29.38% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 154.25% and total cumulative return in cash records $186,643. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,377/mo property income covering a $1,786/mo payment rather than investor’s personal income.

Condo

Built in 2002

N/A lot

$N/A/sqft

No HOA