20323 Monteverdi CircleBoca RatonFL33498
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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
Rental property for sale in Boca Raton at 20323 Monteverdi Circle, Boca Raton, FL, 33498 generates $3,483/mo in rent, after a $5,027/mo payment. Total monthly income is $3,483/mo. Return on cash invested sits at 8.35% in year one, and rental yield is 4.07% on a $1,027,000 entry. Equity gained on principal adds $6,627/yr, while 5% annual appreciation builds toward $283,741 over five years. Five-year ROI reaches 41.37% and total cumulative return in cash sums $137,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,483/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
7,457 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: Michael Kelly • Real Estate Sales Force
Mls Name: BeachesMLS
Mls ID: #RX-11133957