20909 W Boca Ridge Drive, Boca Raton, FL, 33428 | $517/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

Rental property for sale in Boca Raton at 20909 W Boca Ridge Drive, Boca Raton, FL, 33428 generates $3,935/mo in rent and, after a $2,521/mo payment, leaves $517/mo in cash flow. Total monthly income is $3,935/mo, and annual cash flow is $6,204/yr on $169,435 invested. Return on cash invested sits at 23.72% in year one, and rental yield is 9.17% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 123.88% and total cumulative return in cash sums $209,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,935/mo property income rather than buyer’s personal income.

Townhouse

Built in 1987

2,675 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully Upgraded Townhome in Gated Boca Ridge! This spacious 3-bedroom, 2.5-bath home features a 1-car garage and a highly desirable layout with the primary bedroom on the first floor. The principal suite offers a fully renovated bathroom, while upstairs you'll find two generously sized bedrooms connected by a remodeled Jack-and-Jill bathroom. The updated kitchen boasts wood cabinetry, a stylish glass tile backsplash, stainless steel appliances (only 4 years old), and a pantry. Additional storage includes a large closet under the stairs. Recent upgrades include a 2019 A/C and a 2023 water heater. Enjoy a prime location just steps from the clubhouse, pool, and tennis courts, and within walking distance to houses of worship, restaurants, and Uptown Boca.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33428, Boca Raton, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,565 (100%)
Owner Occupied HU	11,440 (65.1%)
Renter Occupied HU	5,099 (29.0%)
Vacant Housing Units	1,026 ( 5.8%)
Median Home Value	$533,805
Average Home Value	$573,475