733 Normandy P #733Delray BeachFL33484
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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 733 Normandy P #733, Delray Beach, FL, 33484 listed at $122,000 pairs $930/mo rent with a $597/mo payment to leave $121/mo cash flow. Total monthly income runs $930/mo, and annual cash flow reaches $1,446/yr on $40,443 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 9.15% at a $122,000 basis. Equity gained on principal adds $787/yr, and annual property appreciation at 5% supports $33,706 by year five. Five-year ROI tracks 122.66% and total cumulative return in cash totals $49,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $930/mo property income relative to a $597/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33484, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 12,163 (65.3%) |
| Renter Occupied HU | 3,234 (17.4%) |
| Vacant Housing Units | 3,238 (17.4%) |
| Median Home Value | $325,221 |
| Average Home Value | $402,350 |
Housing Distribution
Address Breakdown
Residential
17,354
Single Family
9,426
Multi-Family
7,928
Businesses
438
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Listed by: Shirley B Segura • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11130047