28 SW 9th AveBoca RatonFL33486
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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 28 SW 9th Ave, Boca Raton, FL, 33486 priced at $760,000 converts $6,441/mo rent into $1,397/mo cash flow after a $3,720/mo obligation. Total monthly income equals $6,441/mo, and annual cash flow totals $16,768/yr on $250,040 invested. Return on cash invested prints 26.77% in year one, and rental yield reads 10.17% against a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation compiles into $209,974 by year five. Five-year ROI reaches 140.18% and total cumulative return in cash sums $350,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,441/mo property income covering a $3,720/mo payment, not borrower’s personal income.
Single Family
Built in 1960
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33486, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,073 (100%) |
| Owner Occupied HU | 6,734 (74.2%) |
| Renter Occupied HU | 1,860 (20.5%) |
| Vacant Housing Units | 479 ( 5.3%) |
| Median Home Value | $679,416 |
| Average Home Value | $799,851 |
Housing Distribution
Address Breakdown
Residential
9,254
Single Family
7,803
Multi-Family
1,451
Businesses
351
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Listed by: Mark Nelson • Compass Florida, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11661775
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.