516 Osprey Dr #15A, Delray Beach, FL, 33444 | $26/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Delray Beach at 516 Osprey Dr #15A, Delray Beach, FL, 33444 generates $1,652/mo in rent and, after a $1,199/mo payment, leaves $26/mo in cash flow. Total monthly income is $1,652/mo, and annual cash flow is $315/yr on $81,218 invested. Return on cash invested sits at 20.3% in year one, and rental yield is 8.09% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 105.57% and total cumulative return in cash sums $85,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,652/mo property income rather than buyer’s personal income.

Condo

Built in 1976

N/A lot

$N/A/sqft

No HOA