400 NE 20th B108 Street #B108Boca 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 400 NE 20th B108 Street #B108, Boca Raton, FL, 33431 earns $149/mo cash flow from $1,204/mo rent with a $778/mo payment. Total monthly income totals $1,204/mo, and annual cash flow totals $1,789/yr on $52,709 capital. ROI tracks 23.3% on current figures, and rental yield reads 9.09% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 121.73% and total cumulative return in cash sums $64,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,204/mo property income instead of your personal income.
Condo
Built in 1966
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: Mark McDonald • 215 Properties LLC
Mls Name: BeachesMLS
Mls ID: #RX-11123420