6412 Kings Gate CircleDelray BeachFL33484
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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 Delray Beach at 6412 Kings Gate Circle, Delray Beach, FL, 33484 offers a 10.54% rental yield on a $419,000 purchase with $3,680/mo rent. 82% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 100.83% and total cumulative return in cash at $140,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,680/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
N/A lot
$N/A/sqft
$1,025 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $419,000 |
| 2025-03-14 | Listing removed | $399,000 |
| 2025-03-03 | Price change | $399,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $1666.00 | 3.93% | $138,587 | 3.00% |
| 2023-03-14 | $1603.00 | -2.61% | $134,550 | 3.00% |
| 2022-03-14 | $1646.00 | 2.43% | $130,631 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1989
- Architectural Style: Villa
- Building Area: 1,640
- Living Area: 1,500 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Tile
- Interior Features: Ctdrl/Vault Ceilings, Pantry, Split Bedroom, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: 2+ Spaces, Garage - Attached, Auto Garage Open
Location
- City: Delray Beach
- State: FL
- Subdivision: Huntington Pointe
- Lot Size: N/A
- Lot Features: N/A
- View: Garden
HOA & Fees
- HOA Fee: $1,025 monthly
- Association Fee: $1,025 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Cable TV, Common Areas, Insurance-Bldg, Maintenance Grounds, Maintenance Structure, Management Fees, Manager, Recrtnal Facility, Reserve Funds, Roof Maintenance, Security, Sewer, Water
Utilities
- Utilities: Cable Connected, Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Marc Jablon • New Harbor Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11071486
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.