7 Island DriveBoynton BeachFL33436
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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 7 Island Drive, Boynton Beach, FL, 33436 uses $328,671 cash to close to unlock $12,961/yr annual cash flow and $1,080/mo monthly cash flow. Total monthly income runs $7,710/mo, and a $4,890/mo payment keeps the spread at $1,080/mo. Purchase price stands at $999,000, and rental yield measures 9.26% with $7,710/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 125.36% and total cumulative return in cash records $412,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,710/mo property income covering a $4,890/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33436, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,243 (100%) |
| Owner Occupied HU | 14,249 (64.1%) |
| Renter Occupied HU | 5,015 (22.5%) |
| Vacant Housing Units | 2,979 (13.4%) |
| Median Home Value | $453,483 |
| Average Home Value | $521,819 |
Housing Distribution
Address Breakdown
Residential
21,663
Single Family
16,573
Multi-Family
5,090
Businesses
458
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Listed by: Carolyn R Liss • Hunters Signature Real Estate,
Mls Name: BeachesMLS
Mls ID: #RX-11127920