355 Normandy HDelray BeachFL33484
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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 Delray Beach at 355 Normandy H, Delray Beach, FL, 33484 priced at $130,000 pairs $1,008/mo rent with $146/mo cash flow after a $636/mo payment. Total monthly income equals $1,008/mo, and annual cash flow comes to $1,747/yr on $43,095 invested. Return on cash invested is 23.96% in year one, and rental yield stands at 9.3% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 125.23% and total cumulative return in cash reaches $53,967. For financing, Ziffy Mortgage’s DSCR program evaluates $1,008/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33484, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 12,163 (65.3%) |
| Renter Occupied HU | 3,234 (17.4%) |
| Vacant Housing Units | 3,238 (17.4%) |
| Median Home Value | $325,221 |
| Average Home Value | $402,350 |
Housing Distribution
Address Breakdown
Residential
17,354
Single Family
9,426
Multi-Family
7,928
Businesses
438
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Listed by: Patricia A Ashford • Signature International RE
Mls Name: BeachesMLS
Mls ID: #RX-11155031