2871 N Ocean Boulevard #C 207Boca RatonFL33431
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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 2871 N Ocean Boulevard #C 207, Boca Raton, FL, 33431 listed at $559,000 pairs $4,836/mo rent with a $2,736/mo payment to leave $1,126/mo cash flow. Total monthly income runs $4,836/mo, and annual cash flow reaches $13,517/yr on $183,911 cash to close. Return on cash invested measures 27.41% in year one, and rental yield registers 10.38% at a $559,000 basis. Equity gained on principal adds $3,607/yr, and annual property appreciation at 5% supports $154,441 by year five. Five-year ROI tracks 143.63% and total cumulative return in cash totals $264,147. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,836/mo property income relative to a $2,736/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33431, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,292 (100%) |
| Owner Occupied HU | 5,086 (61.3%) |
| Renter Occupied HU | 1,853 (22.3%) |
| Vacant Housing Units | 1,353 (16.3%) |
| Median Home Value | $697,749 |
| Average Home Value | $811,277 |
Housing Distribution
Address Breakdown
Residential
8,646
Single Family
5,148
Multi-Family
3,498
Businesses
2,537
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Listed by: Maria Teresa Ford • Coldwell Banker
Mls Name: BeachesMLS
Mls ID: #RX-11128003