487 Grantham F #487Deerfield BeachFL33442
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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
Investment property for sale in Deerfield Beach at 487 Grantham F #487, Deerfield Beach, FL, 33442 earns $143/mo cash flow from $1,184/mo rent with a $768/mo payment. Total monthly income totals $1,184/mo, and annual cash flow totals $1,711/yr on $52,046 capital. ROI tracks 23.2% on current figures, and rental yield reads 9.05% at a $157,000 purchase. Equity gained on principal adds $1,013/yr, and 5% annual appreciation supports $43,376 over five years. Five-year ROI reaches 121.09% and total cumulative return in cash sums $63,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,184/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33442, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,378 (100%) |
| Owner Occupied HU | 11,423 (53.4%) |
| Renter Occupied HU | 4,839 (22.6%) |
| Vacant Housing Units | 5,116 (23.9%) |
| Median Home Value | $328,566 |
| Average Home Value | $404,621 |
Housing Distribution
Address Breakdown
Residential
19,114
Single Family
9,087
Multi-Family
10,027
Businesses
1,355
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Listed by: Faye Lash • Deer Creek R E Inc
Mls Name: BeachesMLS
Mls ID: #F10533665