7741 Montecito PlaceDelray 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 7741 Montecito Place, Delray Beach, FL, 33446 at $1,499,000 posts ROI 9.34% with from $5,484/mo rent. Total monthly income equals $5,484/mo. Return on cash invested measures 9.34% and rental yield reads 4.39% at the current $1,499,000. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 by year five. Five-year ROI prints 46.68% and total cumulative return in cash totals $226,701. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,484/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
7,255 sqft 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: Lyssa Weiss • Realty Home Advisors Inc
Mls Name: BeachesMLS
Mls ID: #RX-11119756