2890 NW 28th TerraceBoca RatonFL33434
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
Investment property for sale in Boca Raton at 2890 NW 28th Terrace, Boca Raton, FL, 33434 earns $2,855/mo cash flow from $16,342/mo rent with a $9,789/mo payment. Total monthly income totals $16,342/mo, and annual cash flow totals $34,256/yr on $648,000 capital. ROI tracks 25.66% on current figures, and rental yield reads 9.81% at a $1,999,999 purchase. Equity gained on principal adds $12,906/yr, and 5% annual appreciation supports $552,563 over five years. Five-year ROI reaches 134.31% and total cumulative return in cash sums $870,307. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $16,342/mo property income instead of your personal income.
Single Family
Built in 1985
10,450 sqft lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33434, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,941 (100%) |
| Owner Occupied HU | 9,183 (65.9%) |
| Renter Occupied HU | 2,078 (14.9%) |
| Vacant Housing Units | 2,680 (19.2%) |
| Median Home Value | $469,187 |
| Average Home Value | $558,887 |
Housing Distribution
Address Breakdown
Residential
12,907
Single Family
5,924
Multi-Family
6,983
Businesses
584
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Listed by: Maria Liguori • Premier Estate Properties Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10992270
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.