18565 Cherborg Dr #18565Boca RatonFL33496
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 18565 Cherborg Dr #18565, Boca Raton, FL, 33496 generates $1,482/mo in rent and, after a $1,052/mo payment, leaves $56/mo in cash flow. Total monthly income is $1,482/mo, and annual cash flow is $666/yr on $71,273 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 8.27% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 108.48% and total cumulative return in cash sums $77,317. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,482/mo property income rather than buyer’s personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33496, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 10,062 (75.5%) |
| Renter Occupied HU | 1,751 (13.1%) |
| Vacant Housing Units | 1,515 (11.4%) |
| Median Home Value | $825,092 |
| Average Home Value | $1,041,364 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
10,553
Multi-Family
2,388
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joanna Levin • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #F10541251