8935 Oakland Hills DrDelray BeachFL33446
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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 Delray Beach at 8935 Oakland Hills Dr, Delray Beach, FL, 33446 priced at $1,450,000 converts $5,558/mo rent into after a $7,097/mo obligation. Total monthly income equals $5,558/mo. Return on cash invested prints 6.33% in year one, and rental yield reads 4.6% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 31.87% and total cumulative return in cash sums $149,721. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,558/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.28 Acres lot
$N/A/sqft
$3,188 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33446, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,612 (100%) |
| Owner Occupied HU | 13,827 (70.5%) |
| Renter Occupied HU | 2,434 (12.4%) |
| Vacant Housing Units | 3,351 (17.1%) |
| Median Home Value | $558,273 |
| Average Home Value | $649,778 |
Housing Distribution
Address Breakdown
Residential
18,652
Single Family
11,325
Multi-Family
7,327
Businesses
501
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Listed by: Megan Wilson • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11720273
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.