391 Saxony IDelray BeachFL33446
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Nearby investment properties with comparable prices
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 Delray Beach at 391 Saxony I, Delray Beach, FL, 33446 at $190,000 posts ROI 27.84% with $416/mo cash flow from $2,347/mo rent. Total monthly income equals $2,347/mo, and annual cash flow records $4,993/yr on $62,985 to close. Return on cash invested measures 27.84% and rental yield reads 14.82% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 150.63% and total cumulative return in cash totals $94,872.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,347/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1974
N/A lot
$N/A/sqft
$670 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33446, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,612 (100%) |
| Owner Occupied HU | 13,827 (70.5%) |
| Renter Occupied HU | 2,434 (12.4%) |
| Vacant Housing Units | 3,351 (17.1%) |
| Median Home Value | $558,273 |
| Average Home Value | $649,778 |
Housing Distribution
Address Breakdown
Residential
18,652
Single Family
11,325
Multi-Family
7,327
Businesses
501
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Listed by: Paul Jay Saperstein • EXP Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10983121
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.