555 SE 6th Ave APT 2EDelray BeachFL33483
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 555 SE 6th Ave APT 2E, Delray Beach, FL, 33483 in Delray Beach aligned with their strategy. Rental yield 7.41%. DSCR 1.37 and 7.41% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $4,052/yr in paydown build toward a projected cumulative return of $154,625.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $(203) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,717 |
| Total Monthly Debt Service | $2,745 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33483, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,211 (100%) |
| Owner Occupied HU | 5,172 (50.7%) |
| Renter Occupied HU | 2,337 (22.9%) |
| Vacant Housing Units | 2,702 (26.5%) |
| Median Home Value | $996,479 |
| Average Home Value | $1,221,770 |
Housing Distribution
Address Breakdown
Residential
9,082
Single Family
4,818
Multi-Family
4,264
Businesses
1,287
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33483, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,211 (100%) |
| Owner Occupied HU | 5,172 (50.7%) |
| Renter Occupied HU | 2,337 (22.9%) |
| Vacant Housing Units | 2,702 (26.5%) |
| Median Home Value | $996,479 |
| Average Home Value | $1,221,770 |
Housing Distribution
Address Breakdown
Residential
9,082
Single Family
4,818
Multi-Family
4,264
Businesses
1,287
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katja Pressman • The Keyes Company
Mls Name: The Keyes Company/Realtors
Mls ID: #R11129430