619 Parsons Way, Deerfield Beach, FL, 33442 | $566/mo Cash Flow

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619 Parsons Way, Deerfield Beach, FL, 33442 | $566/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

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 Deerfield Beach at 619 Parsons Way, Deerfield Beach, FL, 33442 earns $566/mo cash flow from $4,541/mo rent with a $2,932/mo payment. Total monthly income totals $4,541/mo, and annual cash flow totals $6,789/yr on $197,071 capital. ROI tracks 23.51% on current figures, and rental yield reads 9.1% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 122.68% and total cumulative return in cash sums $241,774. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,541/mo property income instead of your personal income.

Townhouse

Built in 2023

2,001 sqft lot

$N/A/sqft

No HOA

More details about the property

Stunning Model in Sandpiper Point, a gated community built by Toll Brothers, ''America's Luxury Home Builder.'' This 1,896 SF home features 3 bedrooms plus a loft, 2.5 bathrooms, and coastal architecture with impact-rated windows and doors. The picturesque private backyard boasts open grass space. The townhouse includes a 2-car brick paver driveway, a one-car garage, and an electric car charger. The remodeled kitchen, equipped with stainless steel appliances, overlooks the casual dining area and great room. The primary ensuite offers a large walk-in shower, dual vanities, and a private toilet. The second floor includes a laundry room and a full bathroom with a sink vanity and tub/shower. This unit showcases pride of ownership! Park up to 2 cars in the driveway plus one covered. There is an electric car plug inside the garage. Community amenities include a swimming pool, playground, workout room, and sidewalks. 1 mile access to I-95 Ft Lauderdale and West Palm Beach. Walking distance (0.6 miles) to DFB Tri-Rail Amtrack Station, 3.9 miles to Bright Line Boca Raton Station. 3.3 miles from beautiful Deerfield Beach.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33442, Deerfield Beach, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,378 (100%)
Owner Occupied HU	11,423 (53.4%)
Renter Occupied HU	4,839 (22.6%)
Vacant Housing Units	5,116 (23.9%)
Median Home Value	$328,566
Average Home Value	$404,621