1298 NW 4th StreetBoca 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 1298 NW 4th Street, Boca Raton, FL, 33486 generates $7,262/mo in rent and, after a $4,454/mo payment, leaves $1,223/mo in cash flow. Total monthly income is $7,262/mo, and annual cash flow is $14,677/yr on $299,390 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 9.58% on a $910,000 entry. Equity gained on principal adds $5,872/yr, while 5% annual appreciation builds toward $251,416 over five years. Five-year ROI reaches 130.51% and total cumulative return in cash sums $390,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,262/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
9,679 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
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Listed by: Zenaida Gonzalez • Alexander Wolf Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11145927