292 Sherwood Forest DriveDelray 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 292 Sherwood Forest Drive, Delray Beach, FL, 33445 at $645,000 posts ROI 17.03% with from $3,744/mo rent. Total monthly income equals $3,744/mo. Return on cash invested measures 17.03% and rental yield reads 6.97% at the current $645,000. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 by year five. Five-year ROI prints 87.95% and total cumulative return in cash totals $186,628. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,744/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
6,801 sqft lot
$N/A/sqft
No 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: Marilyn R Sowers • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11110584