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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Boynton Beach at 2615 NE 3rd Ct APT 416, Boynton Beach, FL, 33435 offers a 38.8% rental yield on a $100,000 purchase with $3,233/mo rent. Total monthly income registers $3,233/mo, and a $489/mo payment leaves $1,973/mo available for distribution. Annual cash flow reaches $23,674/yr on $33,150 to close, and return on cash invested stands at 91.32% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 494.2% and total cumulative return in cash at $163,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,233/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$597 monthly HOA
Neighborhood data shown for ZIP Code: 33435, Boynton Beach, FL area.
| 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 |
Residential
18,033
Single Family
9,774
Multi-Family
8,259
Businesses
777
Date | Event | Price |
|---|---|---|
| 2025-09-09 | Sold | $100,000 |
| 2025-08-11 | Pending sale | $99,000 |
| 2025-07-14 | Price change | $99,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amy Moline • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6314520
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
