429 Fanshaw #KBoca RatonFL33434
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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 429 Fanshaw #K, Boca Raton, FL, 33434 with 5% annual appreciation on a $119,900 basis while $957/mo rent supports operations. Total monthly income totals $957/mo and a $587/mo payment preserves $161/mo for cash returns. Annual cash flow comes to $1,934/yr on $39,747 deployed, and return on cash invested reaches 24.77% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 9.58%. Five-year ROI measures 129.61% and total cumulative return in cash totals $51,516.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $957/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1980
N/A lot
$N/A/sqft
No 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: Kathy Lynn Wennerstrom • RE/MAX Services
Mls Name: BeachesMLS
Mls ID: #RX-11151234