832 High Point Drive W #BDelray BeachFL33445
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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 832 High Point Drive W #B, Delray Beach, FL, 33445 earns $248/mo cash flow from $2,030/mo rent with a $989/mo payment. Total monthly income totals $2,030/mo, and annual cash flow totals $2,978/yr on $66,963 capital. ROI tracks 24.36% on current figures, and rental yield reads 12.06% at a $202,000 purchase. Equity gained on principal adds $1,303/yr, and 5% annual appreciation supports $55,809 over five years. Five-year ROI reaches 130.21% and total cumulative return in cash sums $87,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,030/mo property income instead of your personal income.
Single Family
Built in 1973
N/A lot
$N/A/sqft
$441 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33445, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 10,662 (56.9%) |
| Renter Occupied HU | 5,158 (27.5%) |
| Vacant Housing Units | 2,931 (15.6%) |
| Median Home Value | $478,837 |
| Average Home Value | $555,405 |
Housing Distribution
Address Breakdown
Residential
16,460
Single Family
12,659
Multi-Family
3,801
Businesses
839
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Listed by: Alyssa Troiano • United Realty Group Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10993901
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 2024 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.