2640 SW 22nd Avenue N #1111Delray BeachFL33445
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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 Delray Beach at 2640 SW 22nd Avenue N #1111, Delray Beach, FL, 33445 offers a 9.49% rental yield on a $169,000 purchase with $1,337/mo rent. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 65.56% and total cumulative return in cash at $36,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,337/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
$585 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33445, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 10,662 (56.9%) |
| Renter Occupied HU | 5,158 (27.5%) |
| Vacant Housing Units | 2,931 (15.6%) |
| Median Home Value | $478,837 |
| Average Home Value | $555,405 |
Housing Distribution
Address Breakdown
Residential
16,460
Single Family
12,659
Multi-Family
3,801
Businesses
839
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Listed by: Laura B Azua • United Realty Group Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11123493
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 2025 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.