19667 Waters End Drive #304Boca RatonFL33434
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.29% gross rental yield, 19667 Waters End Drive #304, Boca Raton, FL, 33434 in Boca Raton is priced for capital growth, not immediate cash flow. The $1,499,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $414,395 by year five, with $13,814/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.61) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $195,588.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 4.5% |
| Monthly Cash Flow | $(5,845) | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,109 |
| Total Monthly Debt Service | $9,357 |
| DSCR Ratio | 0.44x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1984
4,626 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
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
Single Family
Built in 1984
4,626 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory Kallen • Boca West Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11107120