7045 Castlemaine AvenueBoynton 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 7045 Castlemaine Avenue, Boynton Beach, FL, 33437 uses $165,750 cash to close to unlock $16,694/yr annual cash flow and $1,391/mo monthly cash flow. Total monthly income runs $4,709/mo, and a $2,447/mo payment keeps the spread at $1,391/mo. Purchase price stands at $500,000, and rental yield measures 11.3% with $4,709/mo rent. Return on cash invested shows 29.98% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 157.46% and total cumulative return in cash records $260,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,709/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1998
5,100 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1998
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: 2+ Spaces, Driveway, Garage - Attached, Auto Garage Open, Commercial Vehicles Prohibited
Location
- City: Boynton Beach
- State: FL
- Subdivision: N/A
- Lot Size: 5,100 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Randi Ellen Halpern • Lang Realty - Boynton Beach
Mls Name: BeachesMLS
Mls ID: #RX-11146838