216-218 NE 9th AveDeerfield BeachFL33441
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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 Deerfield Beach at 216-218 NE 9th Ave, Deerfield Beach, FL, 33441 offers a 6.03% rental yield on a $899,900 purchase with $4,522/mo rent. 18% in year one. Equity gained on principal adds $5,807/yr while 5% annual appreciation supports $248,626 over five years. Portfolio math shows five-year ROI at 72.69% and total cumulative return in cash at $215,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,522/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1971
7,954 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33441, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,216 (46.3%) |
| Renter Occupied HU | 5,970 (38.3%) |
| Vacant Housing Units | 2,405 (15.4%) |
| Median Home Value | $500,801 |
| Average Home Value | $621,225 |
Housing Distribution
Address Breakdown
Residential
13,198
Single Family
7,257
Multi-Family
5,941
Businesses
1,372
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Listed by: Stephanie Citron • Parrot Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10531854