280 Reigle AvenueDelray BeachFL33444
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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 280 Reigle Avenue, Delray Beach, FL, 33444 with 5% annual appreciation on a $739,000 basis while $6,354/mo rent supports operations. Total monthly income totals $6,354/mo and a $3,617/mo payment preserves $1,450/mo for cash returns. Annual cash flow comes to $17,399/yr on $243,131 deployed, and return on cash invested reaches 27.22% in year one. Equity gained on principal adds $4,769/yr, and five-year appreciation sums $204,172 alongside rental yield of 10.32%. Five-year ROI measures 142.58% and total cumulative return in cash totals $346,652.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,354/mo property income versus a $3,617/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
5,253 sqft lot
$N/A/sqft
No HOA
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Listed by: Elisabeth Anne Mackarey • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11158313