48 Waterford BDelray BeachFL33446
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
Investment property for sale in Delray Beach at 48 Waterford B, Delray Beach, FL, 33446 at $170,000 posts ROI 24.06% with $195/mo cash flow from $1,323/mo rent. Total monthly income equals $1,323/mo, and annual cash flow records $2,339/yr on $56,355 to close. Return on cash invested measures 24.06% and rental yield reads 9.34% at the current $170,000. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 125.67% and total cumulative return in cash totals $70,821.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,323/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33446, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,612 (100%) |
| Owner Occupied HU | 13,827 (70.5%) |
| Renter Occupied HU | 2,434 (12.4%) |
| Vacant Housing Units | 3,351 (17.1%) |
| Median Home Value | $558,273 |
| Average Home Value | $649,778 |
Housing Distribution
Address Breakdown
Residential
18,652
Single Family
11,325
Multi-Family
7,327
Businesses
501
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Nearby investment properties with comparable prices
Listed by: Paul Jay Saperstein • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11139133