$1,579,900 Asking Price
3 Beds
2 Baths
3,210 Sqft
Built 1987
MFH Triplex
Investment Analysis
Rocket
Asking Price
$1.6M
Wholesaler Price
Est. ARV
$2M
Tap to compare sources
Spread
$410K
79¢ on the dollar
Compare ARV Sources
Wholesaler
$2.1M
Wholesaler's estimate
75¢ on the dollar
Zillow High
$1.9M
Zestimate range
84¢ on the dollar
Rocket Confidence31%
Comparable Sales Subject Comps Rocket ARV
1
6401 NE 7th Ave, Boca Raton, FL 33487
4 bed · 4 bath · 2,214 SF · 1.78 mi
$1.1M
Jul 2025
2
412 SE 21st Ave, Boynton Beach, FL 33435
4 bed · 4 bath · 2,560 SF · 5.33 mi
$740K
Jul 2025
3
410 NE 7th Ave, Delray Beach, FL 33483
4 bed · 3 bath · 2,220 SF · 2.59 mi
$1.8M
Mar 2025
4
3119 Albatross Rd, Delray Beach, FL 33444
4 bed · 4 bath · 2,322 SF · 0.57 mi
$625K
Jun 2025
5
492 NE 42nd St, Boca Raton, FL 33431
4 bed · 4 bath · 2,292 SF · 3.15 mi
$720K
Mar 2025
Rental Income
RentCast
$4,740/mo
Market Rent · Feb 2026
$1,170
$8,310
$56,880
Annual Rent
3.6%
Gross Yield
$1.48
Rent / Sqft
$1580
Per Bedroom
Property Details
3beds
2baths
3,210sqft
13,342lot sqft
1987built
TypeMFH Triplex
Stories1
ExteriorStucco
RoofComposition Shingle · Gable/hip
ConstructionConcrete block
FlooringCarpet
Lot Frontage113 ft · 13,342 sqft (0.31 acres)
ZoningRM
SubdivisionTROPIC ISLE 2ND
PoolNo
ConditionAverage
Deal Highlights
$520K spread ARV $2100K $50K repairs $13,000/mo rent Multi-family
Overview

MFH Triplex 3/2 with 3,210 SF in Delray Beach. Estimated repairs $50K. Strong ARV of $2,100,000 offers 25% equity spread. Potential 9.9% gross rent yield at $13,000/mo. Wholesaler-vetted deal from Home Venture Investments.

Read More ▾
Big Ticket Items & Permit History
Verified
Roof
20 yrs
2006 · Composition shingle
Permitted
A/C
Unknown
No records found
Unverified
Impact Windows
Unknown
No records found
Unverified
Water Heater
Unknown
No records found
Unverified
Permit History
4 closed 0 open
plumbing change-outOct 2017
$500
✓ Complete
Re-roof permitMar 2006
$12,900
✓ Complete
Mechanical change-outMar 2004
$1,000
✓ Complete
Mechanical change-outMar 2004
$1,000
✓ Complete
Mechanical permitApr 2004
$1,000
✓ Complete
Miscellaneous permitDec 1899
$25,000
✓ Complete
plumbing permitSep 2021
$810
✓ Complete
Show 4 more permits ▾
No Code Violations
No Open Cases
Equity, Debt & Value Allocation
Rocket
Value Breakdown $1,139,056
Land $648,823 | 57.0% Building $490,233 | 43.0%
Assessed Value '25
$1,139,056
Annual Tax '25
$17,422.23
Effective Tax Rate
1.53%
Homestead
✗ No

Interested in this deal?

Get full details, schedule a walkthrough, or make an offer.

Call Now Get Deal Alerts
No obligation · No spam · Cash buyers only

Quick Numbers

Asking Price$1,579,900
Rocket ARV$1,990,316
Spread$410,416
Cents on Dollar79¢
Est. Rent$4,740/mo
Gross Yield3.6%
Annual Tax$15,139
Year Built1987
Call Now Alerts