10607 Ladypalm Lane UNIT BBoca RatonFL33498
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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 10607 Ladypalm Lane UNIT B, Boca Raton, FL, 33498 earns $171/mo cash flow from $3,437/mo rent with a $2,124/mo payment. Total monthly income totals $3,437/mo, and annual cash flow totals $2,052/yr on $143,871 capital. ROI tracks 21.34% on current figures, and rental yield reads 9.5% at a $434,000 purchase. Equity gained on principal adds $2,801/yr, and 5% annual appreciation supports $119,906 over five years. Five-year ROI reaches 112.23% and total cumulative return in cash sums $161,470. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,437/mo property income instead of your personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$312 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33498, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,791 (100%) |
| Owner Occupied HU | 5,194 (89.7%) |
| Renter Occupied HU | 384 ( 6.6%) |
| Vacant Housing Units | 213 ( 3.7%) |
| Median Home Value | $641,423 |
| Average Home Value | $700,698 |
Housing Distribution
Address Breakdown
Residential
5,720
Single Family
5,720
Multi-Family
0
Businesses
238
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Price change | $434,000 |
| 2024-08-12 | Listed for sale | $435,000 |
| 2024-07-06 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-17 | $4753.00 | 0.93% | $308,583 | 3.00% |
| 2022-11-17 | $4709.00 | 153.58% | $299,595 | 133.02% |
| 2021-11-17 | $1857.00 | 1.11% | $128,570 | 1.40% |
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 1986
- Architectural Style: N/A
- Building Area: 2,424
- Living Area: 1,660 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Tile
- Interior Features: Built-in Features, Entrance Foyer, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior Features: Tennis Court
- Parking Features: 2 Or More Spaces, Guest, Attached, Automatic Garage Door Opener
Location
- City: Boca Raton
- State: FL
- Subdivision: Waterberry Sec 4
- Lot Size: N/A
- Lot Features: N/A
- View: Other View
HOA & Fees
- HOA Fee: $312 monthly
- Association Fee: $312 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Ray Braynen • Nizz Realty Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10455759
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.