4829 N Classical BlvdDelray BeachFL33445
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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 Delray Beach at 4829 N Classical Blvd, Delray Beach, FL, 33445 priced at $770,000 converts $5,802/mo rent into $377/mo cash flow after a $3,769/mo obligation. Total monthly income equals $5,802/mo, and annual cash flow totals $4,523/yr on $253,330 invested. Return on cash invested prints 21.85% in year one, and rental yield reads 9.04% against a $770,000 entry. Equity gained on principal adds $4,969/yr, while 5% annual appreciation compiles into $212,737 by year five. Five-year ROI reaches 114.32% and total cumulative return in cash sums $289,605. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,802/mo property income covering a $3,769/mo payment, not borrower’s personal income.
Single Family
Built in 2003
5,000 sqft lot
$N/A/sqft
$315 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33445, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 10,662 (56.9%) |
| Renter Occupied HU | 5,158 (27.5%) |
| Vacant Housing Units | 2,931 (15.6%) |
| Median Home Value | $478,837 |
| Average Home Value | $555,405 |
Housing Distribution
Address Breakdown
Residential
16,460
Single Family
12,659
Multi-Family
3,801
Businesses
839
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Listed by: Jim Murphy • Balistreri Real Estate Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10502694
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.