7175 Veneto DrBoynton 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 7175 Veneto Dr, Boynton Beach, FL, 33437 uses $165,750 cash to close to unlock $4,682/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $4,320/mo, and a $2,447/mo payment keeps the spread at $390/mo. Purchase price stands at $500,000, and rental yield measures 10.37% with $4,320/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 120.2% and total cumulative return in cash records $199,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,320/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2003
6,786 sqft lot
$N/A/sqft
$612 monthly 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 |
|---|---|---|
| 2024-12-05 | Price change | $500,000 |
| 2024-10-18 | Price change | $520,000 |
| 2024-09-02 | Listed for sale | $525,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $4109.00 | 1.08% | $263,960 | 3.00% |
| 2022-12-26 | $4065.00 | 0.89% | $256,272 | 3.00% |
| 2021-12-26 | $4029.00 | 0.82% | $248,808 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2003
- Architectural Style: N/A
- Building Area: 3,014
- Living Area: 2,343 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Other, Tile
- Interior Features: Split Bedroom
- Exterior Features: Lighting
- Parking Features: Driveway, Automatic Garage Door Opener
Location
- City: Boynton Beach
- State: FL
- Subdivision: Mizner Falls
- Lot Size: 6,786 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Lake
HOA & Fees
- HOA Fee: $612 monthly
- Association Fee: $612 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Elan Assayag • RE/MAX Advance Realty II
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11646896
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.