405 SW 13th Pl #102Deerfield BeachFL33441
Nearby investment properties with comparable rents
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
Rental property for sale in Deerfield Beach at 405 SW 13th Pl #102, Deerfield Beach, FL, 33441 generates $1,039/mo in rent and, after a $636/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,039/mo, and annual cash flow is $2,121/yr on $43,062 invested. Return on cash invested sits at 24.83% in year one, and rental yield is 9.6% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $55,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,039/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33441, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,216 (46.3%) |
| Renter Occupied HU | 5,970 (38.3%) |
| Vacant Housing Units | 2,405 (15.4%) |
| Median Home Value | $500,801 |
| Average Home Value | $621,225 |
Housing Distribution
Address Breakdown
Residential
13,198
Single Family
7,257
Multi-Family
5,941
Businesses
1,372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Douglas Mariano • America Realty, Inc.
Mls Name: BeachesMLS
Mls ID: #F10526146