11133 Model CirBoca RatonFL33428
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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
Rental property for sale in Boca Raton at 11133 Model Cir, Boca Raton, FL, 33428 generates $3,427/mo in rent and, after a $2,203/mo payment, leaves $290/mo in cash flow. Total monthly income is $3,427/mo, and annual cash flow is $3,480/yr on $149,175 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 9.14% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 116.37% and total cumulative return in cash sums $173,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,427/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
4,500 sqft lot
$N/A/sqft
$88 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33428, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,565 (100%) |
| Owner Occupied HU | 11,440 (65.1%) |
| Renter Occupied HU | 5,099 (29.0%) |
| Vacant Housing Units | 1,026 ( 5.8%) |
| Median Home Value | $533,805 |
| Average Home Value | $573,475 |
Housing Distribution
Address Breakdown
Residential
17,161
Single Family
11,637
Multi-Family
5,524
Businesses
422
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-30 | Listed for sale | $450,000 |
| 2024-10-26 | Pending sale | $450,000 |
| 2024-09-30 | Price change | $450,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $4751.00 | 10.77% | $231,102 | 10.00% |
| 2022-12-26 | $4289.00 | 10.46% | $210,093 | 10.00% |
| 2021-12-26 | $3883.00 | 9.75% | $190,994 | 10.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1982
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,116 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Ceramic Tile, Laminate
- Interior Features: Other
- Exterior Features: Other
- Parking Features: Driveway
Location
- City: Boca Raton
- State: FL
- Subdivision: Boca Heights Patio Homes
- Lot Size: 4,500 sqft
- Lot Features: 1/2 To Less Than 3/4 Acre Lot
- View: None
HOA & Fees
- HOA Fee: $88 monthly
- Association Fee: $88 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Leandro Mendes • Premier One Realty Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10447097
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.