343 NW 23rd StBoca 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 343 NW 23rd St, Boca Raton, FL, 33431 listed at $799,000 pairs $4,275/mo rent with a $3,911/mo payment. Total monthly income runs $4,275/mo. Return on cash invested measures 15.37% in year one, and rental yield registers 6.42% at a $799,000 basis. Equity gained on principal adds $5,156/yr, and annual property appreciation at 5% supports $220,749 by year five. Five-year ROI tracks 79.06% and total cumulative return in cash totals $207,834. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,275/mo property income relative to a $3,911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8,978 sqft 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: Valerie Garazi • The Keyes Company
Mls Name: MIAMI
Mls ID: #A11815157