3851 N Ocean Boulevard #1070Gulf StreamFL33483
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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 Gulf Stream at 3851 N Ocean Boulevard #1070, Gulf Stream, FL, 33483 earns $141/mo cash flow from $3,791/mo rent with a $2,692/mo payment. Total monthly income totals $3,791/mo, and annual cash flow totals $1,693/yr on $180,950 capital. ROI tracks 21% on current figures, and rental yield reads 8.27% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 109.25% and total cumulative return in cash sums $197,686. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,791/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33483, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,211 (100%) |
| Owner Occupied HU | 5,172 (50.7%) |
| Renter Occupied HU | 2,337 (22.9%) |
| Vacant Housing Units | 2,702 (26.5%) |
| Median Home Value | $996,479 |
| Average Home Value | $1,221,770 |
Housing Distribution
Address Breakdown
Residential
9,082
Single Family
4,818
Multi-Family
4,264
Businesses
1,287
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Listed by: Debby O Connell • Hampton Real Estate Group
Mls Name: BeachesMLS
Mls ID: #RX-11159717