6843 Montrose WayBoynton BeachFL33437
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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
Rental property for sale in Boynton Beach at 6843 Montrose Way, Boynton Beach, FL, 33437 generates $3,402/mo in rent and, after a $2,349/mo payment, leaves $217/mo in cash flow. Total monthly income is $3,402/mo, and annual cash flow is $2,606/yr on $159,087 invested. Return on cash invested sits at 21.55% in year one, and rental yield is 8.51% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 112.23% and total cumulative return in cash sums $178,545. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,402/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,521 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33437, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,841 (100%) |
| Owner Occupied HU | 16,379 (75.0%) |
| Renter Occupied HU | 2,878 (13.2%) |
| Vacant Housing Units | 2,584 (11.8%) |
| Median Home Value | $508,849 |
| Average Home Value | $545,771 |
Housing Distribution
Address Breakdown
Residential
20,672
Single Family
17,669
Multi-Family
3,003
Businesses
349
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Listed by: Martha Martinez • The Keyes Company
Mls Name: MIAMI
Mls ID: #A11890197