455 Canal Point N #108,Delray Beach,FL,33444

Investment Highlights

Investment property for sale in Delray Beach at 455 Canal Point N #108, Delray Beach, FL, 33444 listed at $320,500 pairs $2,292/mo rent with a $1,569/mo payment to leave $165/mo cash flow. Total monthly income runs $2,292/mo, and annual cash flow reaches $1,978/yr on $106,246 cash to close. Return on cash invested measures 21.77% in year one, and rental yield registers 8.58% at a $320,500 basis. Equity gained on principal adds $2,068/yr, and annual property appreciation at 5% supports $88,548 by year five. Five-year ROI tracks 113.4% and total cumulative return in cash totals $120,484. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,292/mo property income relative to a $1,569/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).