4101 N Ocean Boulevard #1604Boca 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 4101 N Ocean Boulevard #1604, Boca Raton, FL, 33431 listed at $1,375,000 pairs $5,236/mo rent with a $6,730/mo payment. Total monthly income runs $5,236/mo. Return on cash invested measures 9.89% in year one, and rental yield registers 4.57% at a $1,375,000 basis. Equity gained on principal adds $8,873/yr, and annual property appreciation at 5% supports $379,887 by year five. Five-year ROI tracks 49.65% and total cumulative return in cash totals $221,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,236/mo property income relative to a $6,730/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
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: Aristi Constantin • Lang Realty/BR
Mls Name: BeachesMLS
Mls ID: #RX-11104502