413 Hibiscus DriveDeerfield BeachFL33442
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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 Deerfield Beach at 413 Hibiscus Drive, Deerfield Beach, FL, 33442 at $289,000 posts ROI 20.47% with $45/mo cash flow from $1,963/mo rent. Total monthly income equals $1,963/mo, and annual cash flow records $536/yr on $95,804 to close. Return on cash invested measures 20.47% and rental yield reads 8.15% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 106.45% and total cumulative return in cash totals $101,978.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,963/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33442, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,378 (100%) |
| Owner Occupied HU | 11,423 (53.4%) |
| Renter Occupied HU | 4,839 (22.6%) |
| Vacant Housing Units | 5,116 (23.9%) |
| Median Home Value | $328,566 |
| Average Home Value | $404,621 |
Housing Distribution
Address Breakdown
Residential
19,114
Single Family
9,087
Multi-Family
10,027
Businesses
1,355
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Listed by: Sophye Nolet • Florida Realty Agency
Mls Name: BeachesMLS
Mls ID: #RX-11129012