4524 Concordia LaneBoynton BeachFL33436
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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
Rental property for sale in Boynton Beach at 4524 Concordia Lane, Boynton Beach, FL, 33436 priced at $459,000 converts $3,565/mo rent into $519/mo cash flow after a $2,247/mo obligation. Total monthly income equals $3,565/mo, and annual cash flow totals $6,223/yr on $152,159 invested. Return on cash invested prints 24% in year one, and rental yield reads 9.32% against a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation compiles into $126,813 by year five. Five-year ROI reaches 125.37% and total cumulative return in cash sums $190,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,565/mo property income covering a $2,247/mo payment, not borrower’s personal income.
Single Family
Built in 1997
4,525 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33436, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,243 (100%) |
| Owner Occupied HU | 14,249 (64.1%) |
| Renter Occupied HU | 5,015 (22.5%) |
| Vacant Housing Units | 2,979 (13.4%) |
| Median Home Value | $453,483 |
| Average Home Value | $521,819 |
Housing Distribution
Address Breakdown
Residential
21,663
Single Family
16,573
Multi-Family
5,090
Businesses
458
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Listed by: Eleanor Elizabeth Capron • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11071851