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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Boca Raton at 1180 S Ocean Blvd APT 9A, Boca Raton, FL, 33432 generates $8,438/mo in rent, after a $4,890/mo payment. Total monthly income is $8,438/mo. Return on cash invested sits at 14.78% in year one, and rental yield is 10.14% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 80.2% and total cumulative return in cash sums $263,582. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,438/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$3,255 monthly HOA
Neighborhood data shown for ZIP Code: 33432, Boca Raton, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,928 (100%) |
| Owner Occupied HU | 7,342 (43.4%) |
| Renter Occupied HU | 5,700 (33.7%) |
| Vacant Housing Units | 3,886 (23.0%) |
| Median Home Value | $941,593 |
| Average Home Value | $1,118,234 |
Residential
13,710
Single Family
4,102
Multi-Family
9,608
Businesses
1,907
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Price change | $999,000 |
| 2024-09-11 | Listed for sale | $1,250,000 |
| 2024-09-06 | Contingent | $1,250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marc Howard • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11647831
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
