1260 SW 8th Street SWBoca RatonFL33486
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1260 SW 8th Street SW, Boca Raton, FL, 33486 generates $5,490/mo in rent and, after a $3,402/mo payment, leaves $878/mo in cash flow. Total monthly income is $5,490/mo, and annual cash flow is $10,530/yr on $228,655 invested. Return on cash invested sits at 24.67% in year one, and rental yield is 9.48% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 128.91% and total cumulative return in cash sums $294,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,490/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
8,250 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paula J Catino • RE/MAX Services
Mls Name: BeachesMLS
Mls ID: #RX-11149940