5100 Nesting A Way #ADelray BeachFL33484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Delray Beach at 5100 Nesting A Way #A, Delray Beach, FL, 33484 uses $41,438 cash to close to unlock $1,371/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $944/mo, and a $612/mo payment keeps the spread at $114/mo. Purchase price stands at $125,000, and rental yield measures 9.06% with $944/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 121.26% and total cumulative return in cash records $50,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $944/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33484, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 12,163 (65.3%) |
| Renter Occupied HU | 3,234 (17.4%) |
| Vacant Housing Units | 3,238 (17.4%) |
| Median Home Value | $325,221 |
| Average Home Value | $402,350 |
Housing Distribution
Address Breakdown
Residential
17,354
Single Family
9,426
Multi-Family
7,928
Businesses
438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert B Dobbs • Capital Homes Inc
Mls Name: BeachesMLS
Mls ID: #RX-11111684