10879 Handel PlaceBoca 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
Total monthly income runs $3,964/mo, and a $5,624/mo payment. Purchase price stands at $1,149,000, and rental yield measures 4.14% with $3,964/mo rent. Return on cash invested shows 8.57% in year one, and 5% annual appreciation builds toward $317,448 over five years. Five-year ROI reaches 42.53% and total cumulative return in cash records $158,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,964/mo property income covering a $5,624/mo payment rather than investor’s personal income.
Single Family
Built in 1994
5,760 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Ashley Herbst Cronin • A & B Realty Inc
Mls Name: BeachesMLS
Mls ID: #RX-11141397