9883 Harbour Lake CirBoynton 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 9883 Harbour Lake Cir, Boynton Beach, FL, 33437 generates $2,840/mo in rent and, after a $1,953/mo payment, leaves $192/mo in cash flow. Total monthly income is $2,840/mo, and annual cash flow is $2,305/yr on $132,269 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 8.54% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 112.8% and total cumulative return in cash sums $149,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
5,000 sqft 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: Warren Drucker • Keller Williams Realty Boca Raton
Mls Name: BeachesMLS
Mls ID: #F10501616