235 NE 1st Street #403Delray 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 235 NE 1st Street #403, Delray Beach, FL, 33444 earns from $6,038/mo rent with a $3,671/mo payment. Total monthly income totals $6,038/mo. ROI tracks 18.78% on current figures, and rental yield reads 9.66% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 99.65% and total cumulative return in cash sums $245,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,038/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$898 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Janet McKenna • Beach Effect Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10984396
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