8 Grantham Cir #8-DDeerfield BeachFL33442
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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
Rental property for sale in Deerfield Beach at 8 Grantham Cir #8-D, Deerfield Beach, FL, 33442 priced at $107,000 pairs $1,982/mo rent with $1,272/mo cash flow after a $524/mo payment. Total monthly income equals $1,982/mo, and annual cash flow comes to $15,260/yr on $35,471 invested. Return on cash invested is 62.93% in year one, and rental yield stands at 22.23% on a $107,000 basis. Equity gained on principal adds $690/yr, and 5% annual appreciation accumulates to $29,562 by year five. Five-year ROI measures 334.13% and total cumulative return in cash reaches $118,518. For financing, Ziffy Mortgage’s DSCR program evaluates $1,982/mo property income against a $524/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1976
868 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33442, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,378 (100%) |
| Owner Occupied HU | 11,423 (53.4%) |
| Renter Occupied HU | 4,839 (22.6%) |
| Vacant Housing Units | 5,116 (23.9%) |
| Median Home Value | $328,566 |
| Average Home Value | $404,621 |
Housing Distribution
Address Breakdown
Residential
19,114
Single Family
9,087
Multi-Family
10,027
Businesses
1,355
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Listed by: Frank Delesline, III • LA ROSA REALTY SUCCESS LLC
Mls Name: Stellar MLS
Mls ID: #O6332801