37 W Glens DriveBoynton BeachFL33436
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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 37 W Glens Drive, Boynton Beach, FL, 33436 offers $2,773/mo rent that, after a $1,953/mo payment, leaves $125/mo cash flow. Total monthly income is $2,773/mo, and annual cash flow is $1,501/yr on $132,269 cash. Return on cash invested measures 21.04% in year one, and rental yield stands at 8.34% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 109.54% and total cumulative return in cash reaches $144,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,773/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33436, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,243 (100%) |
| Owner Occupied HU | 14,249 (64.1%) |
| Renter Occupied HU | 5,015 (22.5%) |
| Vacant Housing Units | 2,979 (13.4%) |
| Median Home Value | $453,483 |
| Average Home Value | $521,819 |
Housing Distribution
Address Breakdown
Residential
21,663
Single Family
16,573
Multi-Family
5,090
Businesses
458
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Listed by: Elaine B Perlmutter • Lang Realty/Delray Beach
Mls Name: BeachesMLS
Mls ID: #RX-11109774