204 Mansfield E #204Boca RatonFL33434
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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 204 Mansfield E #204, Boca Raton, FL, 33434 uses $51,555 cash to close to unlock $2,630/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $1,251/mo, and a $761/mo payment keeps the spread at $219/mo. Purchase price stands at $155,520, and rental yield measures 9.65% with $1,251/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $42,967 over five years. Five-year ROI reaches 130.88% and total cumulative return in cash records $67,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,251/mo property income covering a $761/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: 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
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Listed by: Gulden Secilmis • Blue Realty Team, LLC
Mls Name: BeachesMLS
Mls ID: #F10532291