5397 Cleveland RoadDelray 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
Rental property for sale in Delray Beach at 5397 Cleveland Road, Delray Beach, FL, 33484 priced at $670,000 pairs $4,048/mo rent with after a $3,279/mo payment. Total monthly income equals $4,048/mo. Return on cash invested is 17.89% in year one, and rental yield stands at 7.25% on a $670,000 basis. Equity gained on principal adds $4,323/yr, and 5% annual appreciation accumulates to $185,109 by year five. Five-year ROI measures 92.61% and total cumulative return in cash reaches $204,137. For financing, Ziffy Mortgage’s DSCR program evaluates $4,048/mo property income against a $3,279/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
9,392 sqft 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
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Listed by: Kristine Leaf • Realty Advisors International
Mls Name: BeachesMLS
Mls ID: #RX-11091105