2046 Alta Meadows Lane #1904Delray BeachFL33444
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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 Delray Beach at 2046 Alta Meadows Lane #1904, Delray Beach, FL, 33444 offers a 10.93% rental yield on a $399,900 purchase with $3,641/mo rent. Total monthly income registers $3,641/mo, and a $1,957/mo payment leaves $988/mo available for distribution. Annual cash flow reaches $11,850/yr on $132,567 to close, and return on cash invested stands at 28.85% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 151.37% and total cumulative return in cash at $200,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,641/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
365 sqft lot
$N/A/sqft
No HOA
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Listed by: Joanne H DeFrisco • Exit Realty Premier Elite
Mls Name: BeachesMLS
Mls ID: #RX-11158028