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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2851 S Ocean Boulevard #7k, Boca Raton, FL, 33432 earns $2,188/mo cash flow from $8,441/mo rent with a $3,421/mo payment. Total monthly income totals $8,441/mo, and annual cash flow totals $26,251/yr on $229,971 capital. ROI tracks 31.48% on current figures, and rental yield reads 14.49% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 168.48% and total cumulative return in cash sums $387,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,441/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$1,615 monthly HOA
Neighborhood data shown for ZIP Code: 33432, Boca Raton, FL area.
| 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 |
Residential
13,710
Single Family
4,102
Multi-Family
9,608
Businesses
1,907
Date | Event | Price |
|---|---|---|
| 2024-11-07 | Listing removed | $4,000 |
| 2024-11-04 | Listed for rent | $4,000 |
| 2024-10-05 | Listing removed | $4,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Yianna Kaplanidis • The Corcoran Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11016073
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.
