7286 Huntington Lane #402Delray 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 7286 Huntington Lane #402, Delray Beach, FL, 33446 uses $56,355 cash to close to unlock $2,327/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $1,322/mo, and a $832/mo payment keeps the spread at $194/mo. Purchase price stands at $170,000, and rental yield measures 9.33% with $1,322/mo rent. Return on cash invested shows 24.04% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 125.56% and total cumulative return in cash records $70,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,322/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1986
4.52 Acres 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: Rokhel Shimunov • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11141551