4579 Addison Street, Boca Raton, FL, 33428 | 7.6% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Total monthly income runs $3,167/mo, and a $2,447/mo payment. Purchase price stands at $499,999, and rental yield measures 7.6% with $3,167/mo rent. Return on cash invested shows 18.82% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 97.59% and total cumulative return in cash records $161,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,167/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Single Family

Built in 1976

10,437 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious, bright & open 3 bedrooms, 2 baths, 1 car garage with 2 driveways, POOL home in Palmetto Pines on an enormous lot that is over 10,000 square feet! This home was a model back when it was built. Enjoy endless swimming in your own private sparkling pool and open patio. Great for BBQ, parties, or relaxing with a book! Newer windows from 2006! Circular and straight driveways! Roof 2017!! Generator ready plus includes the generator. New gutters with leaf filters. Shutters for all windows. Slider has opaque fiberglass shutter. Amazing Schools include Coral Sunset Elementary, Loggers Run Community Middle, & West Boca Raton High School! Just a short walk to the Elementary school. Low HOA fee of only $42 a month! No clubs to join. Pets ok. FHA & VA loans ok! All ages! Attention Investors: You can rent right after purchase.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33428, Boca Raton, FL area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)17,565 (100%)
Owner Occupied HU11,440 (65.1%)
Renter Occupied HU5,099 (29.0%)
Vacant Housing Units1,026 ( 5.8%)
Median Home Value$533,805
Average Home Value$573,475

Address Breakdown

Residential

17,161

Single Family

11,637

Multi-Family

5,524

Businesses

422

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1976
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: 2+ Spaces, Circular Driveway, Driveway, Garage - Attached, Auto Garage Open

Location

  • City: Boca Raton
  • State: FL
  • Subdivision: N/A
  • Lot Size: 10,437 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Karen L Kerpen • Realty Home Advisors Inc 

Mls Name: BeachesMLS

Mls ID: #RX-11120500

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