215 South Boulevard #CBoynton BeachFL33435
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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 Boynton Beach at 215 South Boulevard #C, Boynton Beach, FL, 33435 priced at $129,900 converts $1,031/mo rent into $169/mo cash flow after a $636/mo obligation. Total monthly income equals $1,031/mo, and annual cash flow totals $2,025/yr on $43,062 invested. Return on cash invested prints 24.61% in year one, and rental yield reads 9.52% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 128.65% and total cumulative return in cash sums $55,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,031/mo property income covering a $636/mo payment, not borrower’s personal income.
Condo
Built in 1968
N/A 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: Madelaine Ruiz • Southdale Properties Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11126735