2401 Tuscany WayBoynton BeachFL33435
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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 2401 Tuscany Way, Boynton Beach, FL, 33435 uses $107,406 cash to close to unlock $3,924/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $3,502/mo, and a $1,586/mo payment keeps the spread at $327/mo. Purchase price stands at $323,999, and rental yield measures 12.97% with $3,502/mo rent. Return on cash invested shows 23.56% in year one, and 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 127.17% and total cumulative return in cash records $136,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,502/mo property income covering a $1,586/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$860 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33435, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,332 (100%) |
| Owner Occupied HU | 10,000 (49.2%) |
| Renter Occupied HU | 6,447 (31.7%) |
| Vacant Housing Units | 3,885 (19.1%) |
| Median Home Value | $410,238 |
| Average Home Value | $555,924 |
Housing Distribution
Address Breakdown
Residential
18,033
Single Family
9,774
Multi-Family
8,259
Businesses
777
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Listed by: Biagio Como • Exit Realty Premier Elite
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11011813
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.