8320 Waterline Drive #202Boynton BeachFL33472
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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 Boynton Beach at 8320 Waterline Drive #202, Boynton Beach, FL, 33472 offers a 8.08% rental yield on a $259,000 purchase with $1,744/mo rent. Total monthly income registers $1,744/mo, and a $1,268/mo payment leaves $25/mo available for distribution. Annual cash flow reaches $299/yr on $85,859 to close, and return on cash invested stands at 20.26% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 105.29% and total cumulative return in cash at $90,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,744/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
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Listed by: Barbara E Lofaro • Signature Int'l Premier Properties
Mls Name: BeachesMLS
Mls ID: #RX-11110468