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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 22435 SW 61st Way UNIT 223, Boca Raton, FL, 33428 earns $503/mo cash flow from $2,839/mo rent with a $1,419/mo payment. Total monthly income totals $2,839/mo, and annual cash flow totals $6,036/yr on $96,135 capital. ROI tracks 26.19% on current figures, and rental yield reads 11.75% at a $289,999 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,121 over five years. Five-year ROI reaches 138.95% and total cumulative return in cash sums $133,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,839/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$345 monthly 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 |
|---|---|---|
| 2024-11-06 | Price change | $289,999 |
| 2024-09-23 | Listed for sale | $299,000 |
| 2019-04-19 | Listing removed | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-16 | $3385.00 | 14.82% | $169,037 | 10.00% |
| 2022-11-16 | $2948.00 | 10.83% | $153,670 | 10.00% |
| 2021-11-16 | $2660.00 | 8.31% | $139,700 | 10.00% |
Listed by: Nicholas Sarubbi • Keller Williams Realty Boca Raton
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10462824
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
