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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Delray Beach at 543 Flanders L, Delray Beach, FL, 33484 priced at $119,000 converts $904/mo rent into after a $582/mo obligation. Total monthly income equals $904/mo. Return on cash invested prints 2.88% in year one, and rental yield reads 9.12% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. Five-year ROI reaches 19.63% and total cumulative return in cash sums $7,745. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $904/mo property income covering a $582/mo payment, not borrower’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
$624 monthly HOA
Neighborhood data shown for ZIP Code: 33484, Delray Beach, FL area.
| 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 |
Residential
17,354
Single Family
9,426
Multi-Family
7,928
Businesses
438
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Price change | $119,000 |
| 2024-11-22 | Listed for sale | $149,000 |
| 2018-10-07 | Listing removed | $2,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $1667.00 | 9.31% | $63,214 | 10.00% |
| 2022-02-14 | $1525.00 | 16.41% | $57,467 | 10.00% |
| 2021-02-14 | $1310.00 | 9.92% | $52,243 | 10.00% |
Listed by: Aaron Lamm • Realty Home Advisors Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11039403
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.
