2502 SW 11th CourtBoynton BeachFL33426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2502 SW 11th Court, Boynton Beach, FL, 33426 uses $228,655 cash to close to unlock $7,050/yr annual cash flow and $588/mo monthly cash flow. Total monthly income runs $5,200/mo, and a $3,402/mo payment keeps the spread at $588/mo. Purchase price stands at $695,000, and rental yield measures 8.98% with $5,200/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 120.75% and total cumulative return in cash records $276,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,200/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.25 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maday Lisbet Diaz • Partnership Realty Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11153552