18051 104th Terrace SBoca RatonFL33498
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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 18051 104th Terrace S, Boca Raton, FL, 33498 uses $159,087 cash to close to unlock $9,890/yr annual cash flow and $824/mo monthly cash flow. Total monthly income runs $4,009/mo, and a $2,349/mo payment keeps the spread at $824/mo. Purchase price stands at $479,900, and rental yield measures 10.02% with $4,009/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 136.78% and total cumulative return in cash records $217,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,009/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 1981
6,206 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33498, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,791 (100%) |
| Owner Occupied HU | 5,194 (89.7%) |
| Renter Occupied HU | 384 ( 6.6%) |
| Vacant Housing Units | 213 ( 3.7%) |
| Median Home Value | $641,423 |
| Average Home Value | $700,698 |
Housing Distribution
Address Breakdown
Residential
5,720
Single Family
5,720
Multi-Family
0
Businesses
238
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Listed by: Jonathan Scott Lewis • Elite Realty of South Florida
Mls Name: BeachesMLS
Mls ID: #RX-11144353