349 Geillis PathDelray BeachFL33445
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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 349 Geillis Path, Delray Beach, FL, 33445 with 5% annual appreciation on a $1,274,000 basis while $4,353/mo rent supports operations. 45% in year one. Equity gained on principal adds $8,221/yr, and five-year appreciation sums $351,983 alongside rental yield of 4.1%. Five-year ROI measures 41.87% and total cumulative return in cash totals $172,848. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,353/mo property income versus a $6,236/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
6,263 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33445, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 10,662 (56.9%) |
| Renter Occupied HU | 5,158 (27.5%) |
| Vacant Housing Units | 2,931 (15.6%) |
| Median Home Value | $478,837 |
| Average Home Value | $555,405 |
Housing Distribution
Address Breakdown
Residential
16,460
Single Family
12,659
Multi-Family
3,801
Businesses
839
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Listed by: Daniel J DeRogatis • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11142288