4602 Kittiwake Court #KittiwakeBoynton BeachFL33436
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4602 Kittiwake Court #Kittiwake, Boynton Beach, FL, 33436 in Boynton Beach at $367,000 earns $2,600/mo in rent and nets $165/mo after the $1,650/mo payment, a 8.5% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $101,395 over five years. Ziffy Mortgage underwrites this on a 1.58 DSCR without U.S. credit history. With $3,380/yr in principal paydown, total projected return reaches $150,489.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.6% |
| Monthly Cash Flow | $165 | $400 |
City averages based on Boynton Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,600 |
| Total Monthly Debt Service | $2,289 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A 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
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
Condo
Built in 1974
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann M Jara • The Club at Quail Ridge Realty Inc
Mls Name: BeachesMLS
Mls ID: #RX-11142622