2001 N Ocean Boulevard #305Boca RatonFL33431
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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 2001 N Ocean Boulevard #305, Boca Raton, FL, 33431 uses $278,005 cash to close to unlock $18,675/yr annual cash flow and $1,556/mo monthly cash flow. Total monthly income runs $7,164/mo, and a $4,136/mo payment keeps the spread at $1,556/mo. Purchase price stands at $845,000, and rental yield measures 10.17% with $7,164/mo rent. Return on cash invested shows 26.78% in year one, and 5% annual appreciation builds toward $233,458 over five years. Five-year ROI reaches 140.24% and total cumulative return in cash records $389,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,164/mo property income covering a $4,136/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33431, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,292 (100%) |
| Owner Occupied HU | 5,086 (61.3%) |
| Renter Occupied HU | 1,853 (22.3%) |
| Vacant Housing Units | 1,353 (16.3%) |
| Median Home Value | $697,749 |
| Average Home Value | $811,277 |
Housing Distribution
Address Breakdown
Residential
8,646
Single Family
5,148
Multi-Family
3,498
Businesses
2,537
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Listed by: Nancy Frey • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11149713