3008 Bimini BayBoynton BeachFL33436
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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 Boynton Beach at 3008 Bimini Bay, Boynton Beach, FL, 33436 earns $186/mo cash flow from $1,354/mo rent with a $861/mo payment. Total monthly income totals $1,354/mo, and annual cash flow totals $2,238/yr on $58,344 capital. ROI tracks 23.74% on current figures, and rental yield reads 9.23% at a $176,000 purchase. Equity gained on principal adds $1,136/yr, and 5% annual appreciation supports $48,626 over five years. Five-year ROI reaches 124.02% and total cumulative return in cash sums $72,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,354/mo property income instead of your personal income.
Condo
Built in 1972
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33436, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,243 (100%) |
| Owner Occupied HU | 14,249 (64.1%) |
| Renter Occupied HU | 5,015 (22.5%) |
| Vacant Housing Units | 2,979 (13.4%) |
| Median Home Value | $453,483 |
| Average Home Value | $521,819 |
Housing Distribution
Address Breakdown
Residential
21,663
Single Family
16,573
Multi-Family
5,090
Businesses
458
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Listed by: Holly Lynne Kosiec • Roses Realty Services Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11145935