250 S Ocean Boulevard #3fBoca RatonFL33432
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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
Rental property for sale in Boca Raton at 250 S Ocean Boulevard #3f, Boca Raton, FL, 33432 offers $5,240/mo rent that, after a $6,994/mo payment. Total monthly income is $5,240/mo. Return on cash invested measures 5.13% in year one, and rental yield stands at 4.4% at a $1,429,000 entry. Equity gained on principal adds $9,221/yr while 5% annual appreciation compounds into $394,806 by year five. Five-year ROI records 25.65% and total cumulative return in cash reaches $118,756. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,240/mo property income versus a $6,994/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
$1,636 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33432, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,928 (100%) |
| Owner Occupied HU | 7,342 (43.4%) |
| Renter Occupied HU | 5,700 (33.7%) |
| Vacant Housing Units | 3,886 (23.0%) |
| Median Home Value | $941,593 |
| Average Home Value | $1,118,234 |
Housing Distribution
Address Breakdown
Residential
13,710
Single Family
4,102
Multi-Family
9,608
Businesses
1,907
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Listed by: Torm Martinson • Campbell&Rosemurgy Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11035471
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.