22 Eastgate Drive #DBoynton BeachFL33436
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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 Boynton Beach at 22 Eastgate Drive #D, Boynton Beach, FL, 33436 with 5% annual appreciation on a $124,900 basis while $962/mo rent supports operations. Total monthly income totals $962/mo and a $611/mo payment preserves $133/mo for cash returns. Annual cash flow comes to $1,602/yr on $41,404 deployed, and return on cash invested reaches 23.78% in year one. Equity gained on principal adds $806/yr, and five-year appreciation sums $34,508 alongside rental yield of 9.24%. Five-year ROI measures 124.27% and total cumulative return in cash totals $51,454.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $962/mo property income versus a $611/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33436, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,243 (100%) |
| Owner Occupied HU | 14,249 (64.1%) |
| Renter Occupied HU | 5,015 (22.5%) |
| Vacant Housing Units | 2,979 (13.4%) |
| Median Home Value | $453,483 |
| Average Home Value | $521,819 |
Housing Distribution
Address Breakdown
Residential
21,663
Single Family
16,573
Multi-Family
5,090
Businesses
458
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Listed by: Elaine B Perlmutter • Lang Realty/Delray Beach
Mls Name: BeachesMLS
Mls ID: #RX-11145753