314 SE 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
Investment property for sale in Delray Beach at 314 SE 1st Avenue, Delray Beach, FL, 33444 earns from $5,400/mo rent with a $5,991/mo payment. Total monthly income totals $5,400/mo. ROI tracks 12.11% on current figures, and rental yield reads 5.29% at a $1,224,000 purchase. Equity gained on principal adds $7,898/yr, and 5% annual appreciation supports $338,169 over five years. Five-year ROI reaches 61.55% and total cumulative return in cash sums $244,102. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,400/mo property income instead of your personal income.
Single Family
Built in 1990
6,658 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Steven Koleno • Beycome of Florida LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11041159
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.