2192 NE 1st Way UNIT 202Boynton BeachFL33435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Boynton Beach at 2192 NE 1st Way UNIT 202, Boynton Beach, FL, 33435 listed at $115,000 pairs $897/mo rent with a $563/mo payment. Total monthly income runs $897/mo. Return on cash invested measures 7.25% in year one, and rental yield registers 9.36% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 41.67% and total cumulative return in cash totals $15,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $897/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
N/A lot
$N/A/sqft
$536 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sonia Heywood • Better Homes & Gdns RE Fla 1st
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10507406
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.