632 Snug Harbor Drive #D15Boynton BeachFL33435
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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
Investment property for sale in Boynton Beach at 632 Snug Harbor Drive #D15, Boynton Beach, FL, 33435 uses $39,449 cash to close to unlock $1,689/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $930/mo, and a $582/mo payment keeps the spread at $141/mo. Purchase price stands at $119,000, and rental yield measures 9.38% with $930/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 126.41% and total cumulative return in cash records $49,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $930/mo property income covering a $582/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33435, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,332 (100%) |
| Owner Occupied HU | 10,000 (49.2%) |
| Renter Occupied HU | 6,447 (31.7%) |
| Vacant Housing Units | 3,885 (19.1%) |
| Median Home Value | $410,238 |
| Average Home Value | $555,924 |
Housing Distribution
Address Breakdown
Residential
18,033
Single Family
9,774
Multi-Family
8,259
Businesses
777
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Listed by: Irina Doubinskaia • Hudson Realty Of The Plm Bchs
Mls Name: BeachesMLS
Mls ID: #RX-11142916