331 NW 1st AvenueBoynton BeachFL33435
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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 Boynton Beach at 331 NW 1st Avenue, Boynton Beach, FL, 33435 priced at $589,500 pairs $2,714/mo rent with after a $2,885/mo payment. Total monthly income equals $2,714/mo. Return on cash invested is 12.65% in year one, and rental yield stands at 5.52% on a $589,500 basis. Equity gained on principal adds $3,804/yr, and 5% annual appreciation accumulates to $162,868 by year five. Five-year ROI measures 64.48% and total cumulative return in cash reaches $125,055. For financing, Ziffy Mortgage’s DSCR program evaluates $2,714/mo property income against a $2,885/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1927
6,505 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33435, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,332 (100%) |
| Owner Occupied HU | 10,000 (49.2%) |
| Renter Occupied HU | 6,447 (31.7%) |
| Vacant Housing Units | 3,885 (19.1%) |
| Median Home Value | $410,238 |
| Average Home Value | $555,924 |
Housing Distribution
Address Breakdown
Residential
18,033
Single Family
9,774
Multi-Family
8,259
Businesses
777
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Listed by: Ruth Weizman • Realty Home Advisors Inc
Mls Name: BeachesMLS
Mls ID: #RX-11133584