7047 Summer Tree DriveBoynton 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
Rental property for sale in Boynton Beach at 7047 Summer Tree Drive, Boynton Beach, FL, 33437 priced at $324,900 converts $2,263/mo rent into $107/mo cash flow after a $1,590/mo obligation. Total monthly income equals $2,263/mo, and annual cash flow totals $1,286/yr on $107,704 invested. Return on cash invested prints 21.1% in year one, and rental yield reads 8.36% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 109.86% and total cumulative return in cash sums $118,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,263/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Condo
Built in 1993
N/A 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: Aaron Rosenberg • Atlantic Florida Properties Inc
Mls Name: BeachesMLS
Mls ID: #RX-11135262