75 NE 5th Avenue #LDelray BeachFL33483
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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 75 NE 5th Avenue #L, Delray Beach, FL, 33483 with 5% annual appreciation on a $745,000 basis while $5,671/mo rent supports operations. Total monthly income totals $5,671/mo and a $3,646/mo payment preserves $727/mo for cash returns. Annual cash flow comes to $8,730/yr on $245,105 deployed, and return on cash invested reaches 23.62% in year one. Equity gained on principal adds $4,807/yr, and five-year appreciation sums $205,830 alongside rental yield of 9.13%. Five-year ROI measures 123.32% and total cumulative return in cash totals $302,252.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,671/mo property income versus a $3,646/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33483, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,211 (100%) |
| Owner Occupied HU | 5,172 (50.7%) |
| Renter Occupied HU | 2,337 (22.9%) |
| Vacant Housing Units | 2,702 (26.5%) |
| Median Home Value | $996,479 |
| Average Home Value | $1,221,770 |
Housing Distribution
Address Breakdown
Residential
9,082
Single Family
4,818
Multi-Family
4,264
Businesses
1,287
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Listed by: Conrad Minardi • Illustrated Properties
Mls Name: BeachesMLS
Mls ID: #RX-11123969