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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Boca Raton at 22415 SW 61st Way #202, Boca Raton, FL, 33428 offers a 11.21% rental yield on a $329,000 purchase with $3,074/mo rent. Total monthly income registers $3,074/mo, and a $1,610/mo payment leaves $891/mo available for distribution. Annual cash flow reaches $10,692/yr on $109,064 to close, and return on cash invested stands at 29.71% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 155.98% and total cumulative return in cash at $170,121. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,074/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33428, Boca Raton, FL area.
| 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 |
Residential
17,161
Single Family
11,637
Multi-Family
5,524
Businesses
422
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gary Golob • United Realty Group Inc
Mls Name: BeachesMLS
Mls ID: #F10535965
