1403 Bridgewood DriveBoca RatonFL33434
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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 1403 Bridgewood Drive, Boca Raton, FL, 33434 uses $82,875 cash to close to unlock $859/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $1,731/mo, and a $1,224/mo payment keeps the spread at $72/mo. Purchase price stands at $250,000, and rental yield measures 8.31% with $1,731/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 109% and total cumulative return in cash records $90,334. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,731/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1979
180 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33434, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,941 (100%) |
| Owner Occupied HU | 9,183 (65.9%) |
| Renter Occupied HU | 2,078 (14.9%) |
| Vacant Housing Units | 2,680 (19.2%) |
| Median Home Value | $469,187 |
| Average Home Value | $558,887 |
Housing Distribution
Address Breakdown
Residential
12,907
Single Family
5,924
Multi-Family
6,983
Businesses
584
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Listed by: Karen G Schmid • Coldwell Banker Realty /Delray Beach
Mls Name: BeachesMLS
Mls ID: #RX-11112782