18288 FRESH LAKE WayBoca 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 18288 FRESH LAKE Way, Boca Raton, FL, 33498 earns from $2,403/mo rent with a $1,664/mo payment. Total monthly income totals $2,403/mo. ROI tracks 16.21% on current figures, and rental yield reads 8.48% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 85.5% and total cumulative return in cash sums $96,366. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,403/mo property income instead of your personal income.
Single Family
Built in 1992
N/A 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: JAMIE BOONE • JAMIE L BOONE LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2089895
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.