21 Hibiscus Drive #IBriny BreezesFL33435
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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
Rental property for sale in Briny Breezes at 21 Hibiscus Drive #I, Briny Breezes, FL, 33435 priced at $425,000 converts $2,233/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,233/mo. Return on cash invested prints 14.91% in year one, and rental yield reads 6.3% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 76.6% and total cumulative return in cash sums $107,921. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,233/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Condo
Built in 1974
37.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33435, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,332 (100%) |
| Owner Occupied HU | 10,000 (49.2%) |
| Renter Occupied HU | 6,447 (31.7%) |
| Vacant Housing Units | 3,885 (19.1%) |
| Median Home Value | $410,238 |
| Average Home Value | $555,924 |
Housing Distribution
Address Breakdown
Residential
18,033
Single Family
9,774
Multi-Family
8,259
Businesses
777
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Listed by: Mark Rucco • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11153081