For SaleExcellent Deal1 days on market
605 Flanders M
605 Flanders M, Delray Beach, FL 33484, Delray Beach, FL 33484
$105,000
Listing Price
605 Flanders M, Delray Beach, FL 33484
Loc: Delray Beach, FL
Days Listed
1
Rent Estimate
$1,811/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Orchard View Elementary School
PK-5
2.5 mi away
3
Carver Middle School
6-8
2.4 mi away
8
Spanish River Community High School
PK,6-12
3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
kitchengalley layoutminimalistlight wood cabinetrystainless steel refrigeratorwhite appliancestiled backsplashmodernfunctionalceiling fanvinyl plank flooringcompactneutral color palette
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
13.24%
Total ROI
246.7%
Cash Flow
$614/mo
DSCR
2.13
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $614/mo net cash flow with a 13.2% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (13.2%)
- • Strong rental demand in Delray Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-03 | Price change | $105,000 | $114 |
| 2026-07-03 | Listing removed | $1,600 | $2 |
| 2026-02-06 | Listed for rent | $1,600 | $2 |
| 2026-02-04 | Listed for sale | $109,900 | $119 |
| 2026-02-01 | Listing removed | $119,000 | $129 |
| 2025-07-30 | Listed for sale | $119,000 | $129 |
| 2025-05-31 | Listing removed | $119,000 | $129 |
| 2025-04-21 | Price change | $119,000 | $129 |
| 2025-03-16 | Price change | $129,900 | $141 |
| 2025-02-15 | Price change | $139,900 | $152 |
| 2025-01-26 | Price change | $144,900 | $158 |
| 2025-01-05 | Listed for sale | $149,900 | $163 |
| 2024-03-14 | Sold | $136,000 | $148 |
| 2024-01-17 | Price change | $145,000 | $158 |
| 2023-12-24 | Listed for sale | $153,000 | $166 |
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