38 Paxford LaneBoynton BeachFL33426
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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 38 Paxford Lane, Boynton Beach, FL, 33426 priced at $399,000 pairs $2,894/mo rent with $246/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,894/mo, and annual cash flow comes to $2,953/yr on $132,269 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 8.7% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 115.43% and total cumulative return in cash reaches $152,678. For financing, Ziffy Mortgage’s DSCR program evaluates $2,894/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
5,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33426, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,164 (100%) |
| Owner Occupied HU | 6,843 (52.0%) |
| Renter Occupied HU | 5,168 (39.3%) |
| Vacant Housing Units | 1,153 ( 8.8%) |
| Median Home Value | $362,395 |
| Average Home Value | $407,459 |
Housing Distribution
Address Breakdown
Residential
13,066
Single Family
8,130
Multi-Family
4,936
Businesses
1,444
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Listed by: Dana L Demos • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #RX-11110757