2347 SW 15th St #68Deerfield BeachFL33442
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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 2347 SW 15th St #68, Deerfield Beach, FL, 33442 offers a 10.57% rental yield on a $295,999 purchase with $2,608/mo rent. Total monthly income registers $2,608/mo, and a $1,449/mo payment leaves $643/mo available for distribution. Annual cash flow reaches $7,722/yr on $98,124 to close, and return on cash invested stands at 27.78% in year one. Equity gained on principal adds $1,910/yr while 5% annual appreciation supports $81,779 over five years. Portfolio math shows five-year ROI at 145.66% and total cumulative return in cash at $142,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,608/mo property income against a $1,449/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33442, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,378 (100%) |
| Owner Occupied HU | 11,423 (53.4%) |
| Renter Occupied HU | 4,839 (22.6%) |
| Vacant Housing Units | 5,116 (23.9%) |
| Median Home Value | $328,566 |
| Average Home Value | $404,621 |
Housing Distribution
Address Breakdown
Residential
19,114
Single Family
9,087
Multi-Family
10,027
Businesses
1,355
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Listed by: Barbara Higgins • Century 21 Hansen Realty Inc
Mls Name: BeachesMLS
Mls ID: #F10536750