








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 23320 SW 58th Avenue UNIT B, Boca Raton, FL, 33428 listed at $434,000 pairs $3,667/mo rent with a $2,124/mo payment to leave $290/mo cash flow. Total monthly income runs $3,667/mo, and annual cash flow reaches $3,483/yr on $143,871 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 10.14% at a $434,000 basis. Equity gained on principal adds $2,801/yr, and annual property appreciation at 5% supports $119,906 by year five. Five-year ROI tracks 117.93% and total cumulative return in cash totals $169,666. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,667/mo property income relative to a $2,124/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
3,746 sqft lot
$N/A/sqft
$426 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 |
|---|---|---|
| 2024-10-01 | Price change | $434,000 |
| 2024-09-14 | Listed for sale | $444,000 |
| 2024-08-06 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-16 | $4713.00 | 7.43% | $246,969 | 10.00% |
| 2022-11-16 | $4387.00 | 9.37% | $224,517 | 10.00% |
| 2021-11-16 | $4011.00 | 6.39% | $204,106 | 10.00% |



What's Special
Pull Down Stairs
Listed by: Sharon Grcevic • Boynton Beach Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11019210
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.