860 SE 6th Ave #312Deerfield BeachFL33441
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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 Deerfield Beach at 860 SE 6th Ave #312, Deerfield Beach, FL, 33441 listed at $198,500 pairs $1,570/mo rent with a $972/mo payment to leave $252/mo cash flow. Total monthly income runs $1,570/mo, and annual cash flow reaches $3,027/yr on $65,803 cash to close. Return on cash invested measures 24.51% in year one, and rental yield registers 9.49% at a $198,500 basis. Equity gained on principal adds $1,281/yr, and annual property appreciation at 5% supports $54,842 by year five. Five-year ROI tracks 128.17% and total cumulative return in cash totals $84,341. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,570/mo property income relative to a $972/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33441, Deerfield Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,216 (46.3%) |
| Renter Occupied HU | 5,970 (38.3%) |
| Vacant Housing Units | 2,405 (15.4%) |
| Median Home Value | $500,801 |
| Average Home Value | $621,225 |
Housing Distribution
Address Breakdown
Residential
13,198
Single Family
7,257
Multi-Family
5,941
Businesses
1,372
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Listed by: Jacqui Mogavero • Keller Williams Realty Profess
Mls Name: BeachesMLS
Mls ID: #F10528853