2800 S Ocean Blvd APT 2ABoca RatonFL33432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2800 S Ocean Blvd APT 2A, Boca Raton, FL, 33432 generates $8,662/mo in rent, after a $7,415/mo payment. Total monthly income is $8,662/mo. Return on cash invested sits at 9.82% in year one, and rental yield is 6.86% on a $1,515,000 entry. Equity gained on principal adds $9,776/yr, while 5% annual appreciation builds toward $418,567 over five years. Five-year ROI reaches 51.85% and total cumulative return in cash sums $254,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,662/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$2,100 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A