2135 NW 59th StreetBoca RatonFL33496
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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 2135 NW 59th Street, Boca Raton, FL, 33496 generates $6,526/mo in rent and, after a $3,500/mo payment, leaves $1,781/mo in cash flow. Total monthly income is $6,526/mo, and annual cash flow is $21,369/yr on $235,235 invested. Return on cash invested sits at 29.14% in year one, and rental yield is 10.95% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 152.92% and total cumulative return in cash sums $359,721. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,526/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
6,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33496, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 10,062 (75.5%) |
| Renter Occupied HU | 1,751 (13.1%) |
| Vacant Housing Units | 1,515 (11.4%) |
| Median Home Value | $825,092 |
| Average Home Value | $1,041,364 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
10,553
Multi-Family
2,388
Businesses
203
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Listed by: Wendy Kupfer • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11150146