902 Belmont Pl #902Boynton BeachFL33436
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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 902 Belmont Pl #902, Boynton Beach, FL, 33436 generates $1,816/mo in rent, after a $1,273/mo payment. Total monthly income is $1,816/mo. Return on cash invested sits at 15.6% in year one, and rental yield is 8.38% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 82.36% and total cumulative return in cash sums $70,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,816/mo property income rather than buyer’s personal income.
Townhouse
Built in 2000
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33436, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,243 (100%) |
| Owner Occupied HU | 14,249 (64.1%) |
| Renter Occupied HU | 5,015 (22.5%) |
| Vacant Housing Units | 2,979 (13.4%) |
| Median Home Value | $453,483 |
| Average Home Value | $521,819 |
Housing Distribution
Address Breakdown
Residential
21,663
Single Family
16,573
Multi-Family
5,090
Businesses
458
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Listed by: Lilliana Tychalski • Best of Luxury Realty Corp.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11727722
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.