21849 Cypress Palm CourtBoca RatonFL33428
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 21849 Cypress Palm Court, Boca Raton, FL, 33428 in Boca Raton offers a clean, manageable entry. Rental yield 7.67%. DSCR 1.42 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $404,752 in additional property value over five years, with $13,493/yr in principal equity building ownership stake. Total projected cumulative return: $502,296.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 4.5% |
| Monthly Cash Flow | $(908) | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,360 |
| Total Monthly Debt Service | $9,685 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
9,316 sqft lot
$N/A/sqft
$414 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
17,161
Single Family
11,637
Multi-Family
5,524
Businesses
422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1997
9,316 sqft lot
$N/A/sqft
$414 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
17,161
Single Family
11,637
Multi-Family
5,524
Businesses
422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices