20860 Covington Drive #1410, Boca Raton, FL, 33433 | $86/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Boca Raton at 20860 Covington Drive #1410, Boca Raton, FL, 33433 uses $82,544 cash to close to unlock $1,036/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $1,739/mo, and a $1,219/mo payment keeps the spread at $86/mo. Purchase price stands at $249,000, and rental yield measures 8.38% with $1,739/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 110.21% and total cumulative return in cash records $90,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,739/mo property income covering a $1,219/mo payment rather than investor’s personal income.

Single Family

Built in 1978

N/A lot

$N/A/sqft

No HOA