8837 Woodgrove Ridge CourtBoynton BeachFL33473
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 8837 Woodgrove Ridge Court, Boynton Beach, FL, 33473 in Boynton Beach: $7,770/mo in rent, $1,135/mo in net income, 9.32% gross yield, 1.73 DSCR, all at $999,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $276,254 in appreciation and $9,209/yr in principal paydown projects total cumulative return of $454,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.6% |
| Monthly Cash Flow | $1,135 | $400 |
City averages based on Boynton Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,770 |
| Total Monthly Debt Service | $6,238 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
9,492 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
9,492 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth J Mittleman • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11134242