6112 Kings Gate Circle, Delray Beach, FL, 33484 | $224/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Investment property for sale in Delray Beach at 6112 Kings Gate Circle, Delray Beach, FL, 33484 earns $224/mo cash flow from $2,673/mo rent with a $1,806/mo payment. Total monthly income totals $2,673/mo, and annual cash flow totals $2,692/yr on $122,324 capital. ROI tracks 22.11% on current figures, and rental yield reads 8.69% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 115.25% and total cumulative return in cash sums $140,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,673/mo property income instead of your personal income.

Condo

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

Fully renovated 2-bedroom, 2-bath Villa located in a vibrant and active 55+ community. This move-in-ready home features modern finishes and a thoughtful layout designed for comfortable, low maintenance living. Enjoy resort-style amenities including an on-site cafe, pickleball & tennis courts, 5 pools and a 600 seat theater offering live shows, community events and movies. Perfect for those seeking an engaging lifestyle, convenience and a strong sense of community. Located in close proximity to Delray's Atlantic Ave with many restaurants, shops and beaches. Don't miss the opportunity to enjoy the best in active adult living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33484, Delray Beach, FL area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)18,635 (100%)
Owner Occupied HU12,163 (65.3%)
Renter Occupied HU3,234 (17.4%)
Vacant Housing Units3,238 (17.4%)
Median Home Value$325,221
Average Home Value$402,350

Address Breakdown

Residential

17,354

Single Family

9,426

Multi-Family

7,928

Businesses

438

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: Condo
  • Year Built: 1990
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Driveway, Garage - Attached, Auto Garage Open, Commercial Vehicles Prohibited

Location

  • City: Delray Beach
  • State: FL
  • Subdivision: N/A
  • Lot Size: N/A
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Michele Friedman • Compass Florida LLC 

Mls Name: BeachesMLS

Mls ID: #RX-11147818

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