282 Seville LDelray BeachFL33446
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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
Rental property for sale in Delray Beach at 282 Seville L, Delray Beach, FL, 33446 priced at $110,000 pairs $839/mo rent with after a $538/mo payment. Total monthly income equals $839/mo. Return on cash invested is -5.88% in year one, and rental yield stands at 9.15% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $839/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$893 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33446, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,612 (100%) |
| Owner Occupied HU | 13,827 (70.5%) |
| Renter Occupied HU | 2,434 (12.4%) |
| Vacant Housing Units | 3,351 (17.1%) |
| Median Home Value | $558,273 |
| Average Home Value | $649,778 |
Housing Distribution
Address Breakdown
Residential
18,652
Single Family
11,325
Multi-Family
7,327
Businesses
501
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Listed by: Carling Seguso • True Floridian Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10981128
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 2024 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.