22175 SW 62nd CtBoca RatonFL33428
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow22175 SW 62nd Ct, Boca Raton, FL, 33428 in Boca Raton earns its strong cash-flow label: 10.55% yield, $3,480/mo rent, $852/mo net income, DSCR 1.95. The $396,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $109,408 by year five. Combined with $3,647/yr in principal paydown, total projected return reaches $205,768.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 4.5% |
| Monthly Cash Flow | $852 | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,480 |
| Total Monthly Debt Service | $2,470 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
No 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
Townhouse
Built in 1979
N/A lot
$N/A/sqft
No 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
Listed by: N/A • N/A
Mls Name: MIAMI
Mls ID: #A12018837