9 Piedmont ADelray BeachFL33484
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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 Delray Beach at 9 Piedmont A, Delray Beach, FL, 33484 at $249,500 posts ROI 20.68% with $53/mo cash flow from $1,709/mo rent. Total monthly income equals $1,709/mo, and annual cash flow records $641/yr on $82,709 to close. Return on cash invested measures 20.68% and rental yield reads 8.22% at the current $249,500. Equity gained on principal adds $1,610/yr, and 5% annual appreciation supports $68,932 by year five. Five-year ROI prints 107.62% and total cumulative return in cash totals $89,013.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,709/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33484, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 12,163 (65.3%) |
| Renter Occupied HU | 3,234 (17.4%) |
| Vacant Housing Units | 3,238 (17.4%) |
| Median Home Value | $325,221 |
| Average Home Value | $402,350 |
Housing Distribution
Address Breakdown
Residential
17,354
Single Family
9,426
Multi-Family
7,928
Businesses
438
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Listed by: Jose G Angulo-Cuzzi • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #RX-11136966