5187 Europa Dr UNIT CBoynton BeachFL33437
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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 Boynton Beach at 5187 Europa Dr UNIT C, Boynton Beach, FL, 33437 at $270,000 posts ROI 23.75% with $286/mo cash flow from $3,133/mo rent. Total monthly income equals $3,133/mo, and annual cash flow records $3,433/yr on $89,505 to close. Return on cash invested measures 23.75% and rental yield reads 13.92% at the current $270,000. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 by year five. Five-year ROI prints 129.18% and total cumulative return in cash totals $115,621.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,133/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1993
N/A lot
$N/A/sqft
$923 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33437, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,841 (100%) |
| Owner Occupied HU | 16,379 (75.0%) |
| Renter Occupied HU | 2,878 (13.2%) |
| Vacant Housing Units | 2,584 (11.8%) |
| Median Home Value | $508,849 |
| Average Home Value | $545,771 |
Housing Distribution
Address Breakdown
Residential
20,672
Single Family
17,669
Multi-Family
3,003
Businesses
349
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Listed by: Denise Zacharias • Berkshire Hathaway Florida Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10455812
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.