5 Eastgate Drive #ABoynton BeachFL33436
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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 Boynton Beach at 5 Eastgate Drive #A, Boynton Beach, FL, 33436 priced at $264,900 converts $1,768/mo rent into $10/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,768/mo, and annual cash flow totals $116/yr on $87,814 invested. Return on cash invested prints 20.04% in year one, and rental yield reads 8.01% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 104.15% and total cumulative return in cash sums $91,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,768/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Condo
Built in 1987
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
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Listed by: Jonathan Ross Goldman • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11143106