1020 Cornwall Dr #ABoca RatonFL33434
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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 Boca Raton at 1020 Cornwall Dr #A, Boca Raton, FL, 33434 listed at $125,000 pairs $940/mo rent with a $612/mo payment to leave $110/mo cash flow. Total monthly income runs $940/mo, and annual cash flow reaches $1,323/yr on $41,438 cash to close. Return on cash invested measures 23.1% in year one, and rental yield registers 9.02% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 120.66% and total cumulative return in cash totals $49,997. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $940/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33434, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,941 (100%) |
| Owner Occupied HU | 9,183 (65.9%) |
| Renter Occupied HU | 2,078 (14.9%) |
| Vacant Housing Units | 2,680 (19.2%) |
| Median Home Value | $469,187 |
| Average Home Value | $558,887 |
Housing Distribution
Address Breakdown
Residential
12,907
Single Family
5,924
Multi-Family
6,983
Businesses
584
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Listed by: Samantha Romero • Real Broker, LLC
Mls Name: Space Coast AOR
Mls ID: #1052916