8683 Grand Prix LaneBoynton 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
Rental property for sale in Boynton Beach at 8683 Grand Prix Lane, Boynton Beach, FL, 33472 generates $5,299/mo in rent, after a $5,702/mo payment. Total monthly income is $5,299/mo. Return on cash invested sits at 12.64% in year one, and rental yield is 5.46% on a $1,165,000 entry. Equity gained on principal adds $7,518/yr, while 5% annual appreciation builds toward $321,868 over five years. Five-year ROI reaches 64.35% and total cumulative return in cash sums $242,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,299/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
6,504 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Amy M Blake • John P. O'Grady LLC
Mls Name: BeachesMLS
Mls ID: #RX-11157508