5280 Lakefront Blvd APT ADelray BeachFL33484
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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 Delray Beach at 5280 Lakefront Blvd APT A, Delray Beach, FL, 33484 earns from $1,749/mo rent with a $1,091/mo payment. Total monthly income totals $1,749/mo. ROI tracks 14.66% on current figures, and rental yield reads 9.41% at a $223,000 purchase. Equity gained on principal adds $1,439/yr, and 5% annual appreciation supports $61,611 over five years. Five-year ROI reaches 78.78% and total cumulative return in cash sums $58,241. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,749/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$593 monthly 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
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Listed by: Katherine Burgos Valdez • GK Realty Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11730974
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.