2319 N Congress Avenue #23Boynton BeachFL33426
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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 2319 N Congress Avenue #23, Boynton Beach, FL, 33426 earns $185/mo cash flow from $1,412/mo rent with a $905/mo payment. Total monthly income totals $1,412/mo, and annual cash flow totals $2,217/yr on $61,328 capital. ROI tracks 23.52% on current figures, and rental yield reads 9.16% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 122.83% and total cumulative return in cash sums $75,327. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,412/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33426, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,164 (100%) |
| Owner Occupied HU | 6,843 (52.0%) |
| Renter Occupied HU | 5,168 (39.3%) |
| Vacant Housing Units | 1,153 ( 8.8%) |
| Median Home Value | $362,395 |
| Average Home Value | $407,459 |
Housing Distribution
Address Breakdown
Residential
13,066
Single Family
8,130
Multi-Family
4,936
Businesses
1,444
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Listed by: Deborah J Incledon • Century 21 Realty Professionals
Mls Name: BeachesMLS
Mls ID: #RX-11132687