505 NE 20th Ave #209Deerfield 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 505 NE 20th Ave #209, Deerfield Beach, FL, 33441 earns $143/mo cash flow from $2,798/mo rent with a $1,958/mo payment. Total monthly income totals $2,798/mo, and annual cash flow totals $1,720/yr on $132,600 capital. ROI tracks 21.21% on current figures, and rental yield reads 8.39% at a $399,999 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 over five years. Five-year ROI reaches 110.4% and total cumulative return in cash sums $146,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,798/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No 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: Irene Chan • EstateQuest Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10538050