311 Markham N UNIT 311Deerfield BeachFL33442
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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 Deerfield Beach at 311 Markham N UNIT 311, Deerfield Beach, FL, 33442 generates $2,322/mo in rent and, after a $519/mo payment, leaves $1,046/mo in cash flow. Total monthly income is $2,322/mo, and annual cash flow is $12,557/yr on $35,139 invested. Return on cash invested sits at 55.64% in year one, and rental yield is 26.29% on a $105,999 entry. Equity gained on principal adds $684/yr, while 5% annual appreciation builds toward $29,286 over five years. Five-year ROI reaches 302.21% and total cumulative return in cash sums $106,191. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,322/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$572 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33442, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,378 (100%) |
| Owner Occupied HU | 11,423 (53.4%) |
| Renter Occupied HU | 4,839 (22.6%) |
| Vacant Housing Units | 5,116 (23.9%) |
| Median Home Value | $328,566 |
| Average Home Value | $404,621 |
Housing Distribution
Address Breakdown
Residential
19,114
Single Family
9,087
Multi-Family
10,027
Businesses
1,355
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Listed by: Lana Murphy • Harbourfront Real Estate LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10459348
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.