306 NE 1st 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
Total monthly income runs $6,095/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 4.88% with $6,095/mo rent. Return on cash invested shows 10.84% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 54.71% and total cumulative return in cash records $265,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,095/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Single Family
Built in 1970
6,564 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Geoffrey Braboy • Compass Florida LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10999649
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