23345 Carolwood Lane #101Boca RatonFL33428
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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 23345 Carolwood Lane #101, Boca Raton, FL, 33428 earns $144/mo cash flow from $1,139/mo rent with a $734/mo payment. Total monthly income totals $1,139/mo, and annual cash flow totals $1,725/yr on $49,725 capital. ROI tracks 23.38% on current figures, and rental yield reads 9.11% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 122.05% and total cumulative return in cash sums $60,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,139/mo property income instead of your personal income.
Condo
Built in 1981
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
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Listed by: Laura M Higgins • Signature Best Florida Realty
Mls Name: BeachesMLS
Mls ID: #RX-11120452