714 Saxony Pl #ODelray BeachFL33446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 714 Saxony Pl #O, Delray Beach, FL, 33446 with 5% annual appreciation on a $123,000 basis while $929/mo rent supports operations. 86% in year one. Equity gained on principal adds $794/yr, and five-year appreciation sums $33,983 alongside rental yield of 9.06%. Five-year ROI measures 34.44% and total cumulative return in cash totals $14,041. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $929/mo property income versus a $602/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1974
N/A lot
$N/A/sqft
$590 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Enrique Soto • Optimar International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11707445
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.