1150 NW 13th Street #252cBoca RatonFL33486
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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 1150 NW 13th Street #252c, Boca Raton, FL, 33486 uses $49,725 cash to close to unlock $1,713/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,138/mo, and a $734/mo payment keeps the spread at $143/mo. Purchase price stands at $150,000, and rental yield measures 9.1% with $1,138/mo rent. Return on cash invested shows 23.35% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 121.93% and total cumulative return in cash records $60,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,138/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33486, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,073 (100%) |
| Owner Occupied HU | 6,734 (74.2%) |
| Renter Occupied HU | 1,860 (20.5%) |
| Vacant Housing Units | 479 ( 5.3%) |
| Median Home Value | $679,416 |
| Average Home Value | $799,851 |
Housing Distribution
Address Breakdown
Residential
9,254
Single Family
7,803
Multi-Family
1,451
Businesses
351
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Listed by: Donna M Smith • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11109166