20104 Back Nine DriveBoca RatonFL33498
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 20104 Back Nine Drive, Boca Raton, FL, 33498 generates $7,314/mo in rent and, after a $4,552/mo payment, leaves $1,142/mo in cash flow. Total monthly income is $7,314/mo, and annual cash flow is $13,707/yr on $305,970 invested. Return on cash invested sits at 24.54% in year one, and rental yield is 9.44% on a $930,000 entry. Equity gained on principal adds $6,001/yr, while 5% annual appreciation builds toward $256,942 over five years. Five-year ROI reaches 128.24% and total cumulative return in cash sums $392,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,314/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
9,616 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: Rori Huberman • The Keyes Company
Mls Name: BeachesMLS
Mls ID: #RX-11145789