2017 Newcastle ABoca RatonFL33434
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
Investment property for sale in Boca Raton at 2017 Newcastle A, Boca Raton, FL, 33434 listed at $110,000 pairs $853/mo rent with a $538/mo payment to leave $123/mo cash flow. Total monthly income runs $853/mo, and annual cash flow reaches $1,481/yr on $36,465 cash to close. Return on cash invested measures 23.97% in year one, and rental yield registers 9.31% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 125.31% and total cumulative return in cash totals $45,696. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $853/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A 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: Sharon L Botko • Century Village Real Estate,
Mls Name: BeachesMLS
Mls ID: #RX-11135243