4 Renaissance Way #303Boynton 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
Investment property for sale in Boynton Beach at 4 Renaissance Way #303, Boynton Beach, FL, 33426 offers a 8.45% rental yield on a $309,990 purchase with $2,183/mo rent. 54% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,645 over five years. Portfolio math shows five-year ROI at 42.1% and total cumulative return in cash at $43,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,183/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$838 monthly 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: Nadeem Khan • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11882715
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.