261 NW 2nd CtDeerfield BeachFL33441
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 Deerfield Beach at 261 NW 2nd Ct, Deerfield Beach, FL, 33441 earns $314/mo cash flow from $3,492/mo rent with a $2,344/mo payment. Total monthly income totals $3,492/mo, and annual cash flow totals $3,765/yr on $158,789 capital. ROI tracks 22.28% on current figures, and rental yield reads 8.75% at a $479,000 purchase. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 over five years. Five-year ROI reaches 116.14% and total cumulative return in cash sums $184,419. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,492/mo property income instead of your personal income.
Single Family
Built in 1956
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33441, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,216 (46.3%) |
| Renter Occupied HU | 5,970 (38.3%) |
| Vacant Housing Units | 2,405 (15.4%) |
| Median Home Value | $500,801 |
| Average Home Value | $621,225 |
Housing Distribution
Address Breakdown
Residential
13,198
Single Family
7,257
Multi-Family
5,941
Businesses
1,372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miguel Taberna • Casamia Realty Group LLC
Mls Name: MIAMI
Mls ID: #A11891568