912 S South Drive Drive #CDelray BeachFL33445
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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 912 S South Drive Drive #C, Delray Beach, FL, 33445 earns $138/mo cash flow from $967/mo rent with a $611/mo payment. Total monthly income totals $967/mo, and annual cash flow totals $1,662/yr on $41,404 capital. ROI tracks 23.92% on current figures, and rental yield reads 9.29% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 125.02% and total cumulative return in cash sums $51,766. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $967/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33445, Delray Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,751 (100%) |
| Owner Occupied HU | 10,662 (56.9%) |
| Renter Occupied HU | 5,158 (27.5%) |
| Vacant Housing Units | 2,931 (15.6%) |
| Median Home Value | $478,837 |
| Average Home Value | $555,405 |
Housing Distribution
Address Breakdown
Residential
16,460
Single Family
12,659
Multi-Family
3,801
Businesses
839
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Listed by: LynLee Alise Glynn • Park View Realty
Mls Name: BeachesMLS
Mls ID: #RX-11150935