7815 Great Glen CircleDelray 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 7815 Great Glen Circle, Delray Beach, FL, 33446 uses $174,041 cash to close to unlock $260/yr annual cash flow and $22/mo monthly cash flow. Total monthly income runs $3,532/mo, and a $2,589/mo payment keeps the spread at $22/mo. Purchase price stands at $529,000, and rental yield measures 8.01% with $3,532/mo rent. Return on cash invested shows 20.21% in year one, and 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 105.02% and total cumulative return in cash records $182,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,532/mo property income covering a $2,589/mo payment rather than investor’s personal income.
Single Family
Built in 1994
5,037 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: Noreen Payne • Lang Realty/Delray Beach
Mls Name: BeachesMLS
Mls ID: #RX-11142982