220 SW 7th St APT 8Boca RatonFL33432
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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 220 SW 7th St APT 8, Boca Raton, FL, 33432 generates $2,337/mo in rent and, after a $1,640/mo payment, leaves $114/mo in cash flow. Total monthly income is $2,337/mo, and annual cash flow is $1,362/yr on $111,053 invested. Return on cash invested sits at 21.14% in year one, and rental yield is 8.37% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 110.02% and total cumulative return in cash sums $122,180. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,337/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33432, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,928 (100%) |
| Owner Occupied HU | 7,342 (43.4%) |
| Renter Occupied HU | 5,700 (33.7%) |
| Vacant Housing Units | 3,886 (23.0%) |
| Median Home Value | $941,593 |
| Average Home Value | $1,118,234 |
Housing Distribution
Address Breakdown
Residential
13,710
Single Family
4,102
Multi-Family
9,608
Businesses
1,907
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Listed by: Susan Retamar • Retamar Real Estate Co. Inc.
Mls Name: MIAMI
Mls ID: #A11887365