6915 Chimere TerraceBoynton BeachFL33437
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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 6915 Chimere Terrace, Boynton Beach, FL, 33437 uses $213,850 cash to close to unlock $9,419/yr annual cash flow and $785/mo monthly cash flow. Total monthly income runs $5,098/mo, and a $3,181/mo payment keeps the spread at $785/mo. Purchase price stands at $650,000, and rental yield measures 9.41% with $5,098/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 127.82% and total cumulative return in cash records $273,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,098/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1999
10,844 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: Jennifer Karina Booker • Berkshire Hathaway HomeSvs FL
Mls Name: BeachesMLS
Mls ID: #RX-11117873