7090 Prado Lake DriveDelray BeachFL33446
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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 Delray Beach at 7090 Prado Lake Drive, Delray Beach, FL, 33446 earns from $3,156/mo rent with a $3,059/mo payment. Total monthly income totals $3,156/mo. ROI tracks 14.27% on current figures, and rental yield reads 6.06% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 73.19% and total cumulative return in cash sums $150,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,156/mo property income instead of your personal income.
Single Family
Built in 2001
5,395 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33446, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,612 (100%) |
| Owner Occupied HU | 13,827 (70.5%) |
| Renter Occupied HU | 2,434 (12.4%) |
| Vacant Housing Units | 3,351 (17.1%) |
| Median Home Value | $558,273 |
| Average Home Value | $649,778 |
Housing Distribution
Address Breakdown
Residential
18,652
Single Family
11,325
Multi-Family
7,327
Businesses
501
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Listed by: Maura Slaughter • RE/MAX Select Group
Mls Name: BeachesMLS
Mls ID: #RX-11126169