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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Boynton Beach at 7402 Ringwood Terrace, Boynton Beach, FL, 33437 offers a 7.18% rental yield on a $500,000 purchase with $2,992/mo rent. 55% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 90.79% and total cumulative return in cash at $150,488. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,992/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,852 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33437, Boynton Beach, FL area.
| 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 |
Residential
20,672
Single Family
17,669
Multi-Family
3,003
Businesses
349
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeffrey J. Katz • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11129129
