2363 SW 15th St APT 84Deerfield 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 2363 SW 15th St APT 84, Deerfield Beach, FL, 33442 uses $87,848 cash to close to unlock $1,422/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $1,877/mo, and a $1,297/mo payment keeps the spread at $118/mo. Purchase price stands at $265,000, and rental yield measures 8.5% with $1,877/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash records $98,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,877/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1981
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: Laura Michelis • My Key Realty
Mls Name: MIAMI
Mls ID: #A11893601