566 Brittany #LDelray BeachFL33446
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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 566 Brittany #L, Delray Beach, FL, 33446 priced at $145,000 pairs $1,132/mo rent with $169/mo cash flow after a $710/mo payment. Total monthly income equals $1,132/mo, and annual cash flow comes to $2,034/yr on $48,068 invested. Return on cash invested is 24.14% in year one, and rental yield stands at 9.37% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 126.19% and total cumulative return in cash reaches $60,656. For financing, Ziffy Mortgage’s DSCR program evaluates $1,132/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33446, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,612 (100%) |
| Owner Occupied HU | 13,827 (70.5%) |
| Renter Occupied HU | 2,434 (12.4%) |
| Vacant Housing Units | 3,351 (17.1%) |
| Median Home Value | $558,273 |
| Average Home Value | $649,778 |
Housing Distribution
Address Breakdown
Residential
18,652
Single Family
11,325
Multi-Family
7,327
Businesses
501
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Listed by: Andres Sandoval • Real Broker, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11145271