222 NE 17th StreetDelray BeachFL33444
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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 Delray Beach at 222 NE 17th Street, Delray Beach, FL, 33444 listed at $1,590,000 pairs $5,180/mo rent with a $7,782/mo payment. Total monthly income runs $5,180/mo. Return on cash invested measures 7.86% in year one, and rental yield registers 3.91% at a $1,590,000 basis. Equity gained on principal adds $10,260/yr, and annual property appreciation at 5% supports $439,288 by year five. Five-year ROI tracks 38.72% and total cumulative return in cash totals $199,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,180/mo property income relative to a $7,782/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
10,500 sqft lot
$N/A/sqft
No HOA
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Listed by: William Reid Rafter • Illustrated Properties
Mls Name: BeachesMLS
Mls ID: #RX-11114082