389 E Cannery Row Circle, Delray Beach, FL, 33444 | 5.31% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Delray Beach at 389 E Cannery Row Circle, Delray Beach, FL, 33444 generates $6,616/mo in rent, after a $7,317/mo payment. Total monthly income is $6,616/mo. Return on cash invested sits at 12.18% in year one, and rental yield is 5.31% on a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 61.92% and total cumulative return in cash sums $299,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,616/mo property income rather than buyer’s personal income.

Townhouse

Built in 2014

1,189 sqft lot

$N/A/sqft

No HOA