9589 Shadybrook Drive #201Boynton BeachFL33437
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
Investment Highlights
Rental property for sale in Boynton Beach at 9589 Shadybrook Drive #201, Boynton Beach, FL, 33437 generates $2,258/mo in rent and, after a $1,542/mo payment, leaves $167/mo in cash flow. Total monthly income is $2,258/mo, and annual cash flow is $2,008/yr on $104,423 invested. Return on cash invested sits at 21.83% in year one, and rental yield is 8.6% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 113.76% and total cumulative return in cash sums $118,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,258/mo property income rather than buyer’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33437, Boynton Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,841 (100%) |
| Owner Occupied HU | 16,379 (75.0%) |
| Renter Occupied HU | 2,878 (13.2%) |
| Vacant Housing Units | 2,584 (11.8%) |
| Median Home Value | $508,849 |
| Average Home Value | $545,771 |
Housing Distribution
Address Breakdown
Residential
20,672
Single Family
17,669
Multi-Family
3,003
Businesses
349
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David I Serle • RE/MAX Services
Mls Name: BeachesMLS
Mls ID: #RX-11128004