500 SE 21st Ave APT 211Deerfield BeachFL33441
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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 500 SE 21st Ave APT 211, Deerfield Beach, FL, 33441 offers a 4.95% rental yield on a $678,000 purchase with $2,798/mo rent. 55% in year one. Equity gained on principal adds $4,375/yr while 5% annual appreciation supports $187,319 over five years. Portfolio math shows five-year ROI at 23.34% and total cumulative return in cash at $52,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,798/mo property income against a $3,318/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1959
N/A lot
$N/A/sqft
$3,140 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33441, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,216 (46.3%) |
| Renter Occupied HU | 5,970 (38.3%) |
| Vacant Housing Units | 2,405 (15.4%) |
| Median Home Value | $500,801 |
| Average Home Value | $621,225 |
Housing Distribution
Address Breakdown
Residential
13,198
Single Family
7,257
Multi-Family
5,941
Businesses
1,372
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Listed by: Maria Emilia Salgado • One Sotheby's Int'l Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11687263
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.