700 SE 6th Ave #106Deerfield BeachFL33441
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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 Deerfield Beach at 700 SE 6th Ave #106, Deerfield Beach, FL, 33441 offers a 9.12% rental yield on a $169,900 purchase with $1,291/mo rent. Total monthly income registers $1,291/mo, and a $832/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,957/yr on $56,322 to close, and return on cash invested stands at 23.38% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 122.13% and total cumulative return in cash at $68,786. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,291/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33441, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,216 (46.3%) |
| Renter Occupied HU | 5,970 (38.3%) |
| Vacant Housing Units | 2,405 (15.4%) |
| Median Home Value | $500,801 |
| Average Home Value | $621,225 |
Housing Distribution
Address Breakdown
Residential
13,198
Single Family
7,257
Multi-Family
5,941
Businesses
1,372
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Listed by: Dina Clifford • Cornerstone Realty Consultants
Mls Name: BeachesMLS
Mls ID: #F10540753