








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 23370 Carolwood Lane #304, Boca Raton, FL, 33428 listed at $295,000 pairs $3,524/mo rent with a $1,444/mo payment to leave $882/mo cash flow. Total monthly income runs $3,524/mo, and annual cash flow reaches $10,587/yr on $97,793 cash to close. Return on cash invested measures 30.73% in year one, and rental yield registers 14.33% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 164.55% and total cumulative return in cash totals $160,922. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,524/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
$684 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 |
|---|---|---|
| 2024-12-04 | Listed for sale | $295,000 |
| 2024-04-30 | Listing removed | N/A |
| 2024-04-16 | Price change | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $1940.00 | 1.68% | $143,222 | 3.00% |
| 2022-12-26 | $1908.00 | 1.54% | $139,050 | 3.00% |
| 2021-12-26 | $1879.00 | 32.23% | $135,000 | 25.00% |



Listed by: Masood Javaherian • EXP Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11040446
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.