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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% |
Rental property for sale in Delray Beach at 7677 Glendevon Lane #1704, Delray Beach, FL, 33446 generates $3,599/mo in rent and, after a $1,806/mo payment, leaves $382/mo in cash flow. Total monthly income is $3,599/mo, and annual cash flow is $4,588/yr on $122,324 invested. Return on cash invested sits at 23.66% in year one, and rental yield is 11.7% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 126.29% and total cumulative return in cash sums $154,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,599/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$768 monthly HOA
Neighborhood data shown for ZIP Code: 33446, Delray Beach, FL area.
| 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 |
Residential
18,652
Single Family
11,325
Multi-Family
7,327
Businesses
501
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Price change | $369,000 |
| 2024-10-12 | Listed for sale | $399,000 |
| 2024-08-25 | Listing removed | $449,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $2857.00 | 46.74% | $101,477 | 10.00% |
| 2022-02-14 | $1947.00 | 13.66% | $92,252 | 10.00% |
| 2021-02-14 | $1713.00 | 6.46% | $83,865 | 10.00% |
Listed by: Ana King • Champagne & Parisi Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11028050
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
