5190 Palazzo PlaceBoynton 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
Rental property for sale in Boynton Beach at 5190 Palazzo Place, Boynton Beach, FL, 33437 priced at $599,000 pairs $5,629/mo rent with $1,071/mo cash flow after a $2,932/mo payment. Total monthly income equals $5,629/mo, and annual cash flow comes to $12,849/yr on $197,071 invested. Return on cash invested is 26.58% in year one, and rental yield stands at 11.28% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 140.46% and total cumulative return in cash reaches $276,802. For financing, Ziffy Mortgage’s DSCR program evaluates $5,629/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
5,970 sqft lot
$N/A/sqft
$583 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: David Berish • Signature International RE
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11052539
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 2025 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.