250 S Ocean Boulevard UNIT 9aBoca 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
Investment property for sale in Boca Raton at 250 S Ocean Boulevard UNIT 9a, Boca Raton, FL, 33432 at $1,995,000 posts ROI 6.72% with from $7,766/mo rent. Total monthly income equals $7,766/mo. Return on cash invested measures 6.72% and rental yield reads 4.67% at the current $1,995,000. Equity gained on principal adds $12,873/yr, and 5% annual appreciation supports $551,182 by year five. Five-year ROI prints 33.89% and total cumulative return in cash totals $219,069. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,766/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1975
N/A lot
$N/A/sqft
$1,878 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: Jake Friedman • Compass Florida LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11024043
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.