1372 NW 13th CourtBoca 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
Rental property for sale in Boca Raton at 1372 NW 13th Court, Boca Raton, FL, 33486 generates $4,412/mo in rent, after a $6,118/mo payment. Total monthly income is $4,412/mo. Return on cash invested sits at 8.86% in year one, and rental yield is 4.24% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 44.11% and total cumulative return in cash sums $178,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,412/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
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: Michael T Nathanson • RE/MAX Services
Mls Name: BeachesMLS
Mls ID: #RX-11104831