5759 Phoenix Palm Court #CDelray BeachFL33484
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
Investment Highlights
Investment property for sale in Delray Beach at 5759 Phoenix Palm Court #C, Delray Beach, FL, 33484 listed at $339,000 pairs $3,316/mo rent with a $1,659/mo payment to leave $1,067/mo cash flow. Total monthly income runs $3,316/mo, and annual cash flow reaches $12,799/yr on $112,379 cash to close. Return on cash invested measures 31.3% in year one, and rental yield registers 11.74% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 164.51% and total cumulative return in cash totals $184,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,316/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary B Lepage • Mary Lepage and Associates LLC
Mls Name: BeachesMLS
Mls ID: #RX-11121663