22602 SW 54th WayBoca RatonFL33433
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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
Investment property for sale in Boca Raton at 22602 SW 54th Way, Boca Raton, FL, 33433 offers a 11.92% rental yield on a $499,900 purchase with $4,964/mo rent. Total monthly income registers $4,964/mo, and a $2,447/mo payment leaves $1,646/mo available for distribution. Annual cash flow reaches $19,756/yr on $165,717 to close, and return on cash invested stands at 31.83% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 167.37% and total cumulative return in cash at $277,368. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,964/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
6,196 sqft lot
$N/A/sqft
No HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Price change | $499,900 |
| 2025-03-27 | Listed for sale | $529,900 |
| 2025-03-25 | Pending sale | $529,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $2125.00 | 3.21% | $143,469 | 3.00% |
| 2023-05-22 | $2059.00 | 1.68% | $139,290 | 3.00% |
| 2022-05-22 | $2025.00 | 1.96% | $135,233 | 3.00% |
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1976
- Architectural Style: Mediterranean
- Building Area: 2,082
- Living Area: 1,792 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Linoleum, Tile
- Interior Features: Split Bedroom
- Exterior Features: Room for Pool
- Parking Features: Driveway
Location
- City: Boca Raton
- State: FL
- Subdivision: Sandalfoot
- Lot Size: 6,196 sqft
- Lot Features: < 1/4 Acre
- View: Garden, Lake
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: Omni Middle School
- High School: Spanish River Community High School
Listed by: Catherine Brewer • RE/MAX Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11092710
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 2025 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.