467 NE 31st StreetBoca RatonFL33431
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Boca Raton rental at 467 NE 31st Street, Boca Raton, FL, 33431 sits in the solid-income band: 9.39% gross yield, $5,087/mo rent, $773/mo net after the $2,923/mo debt service, DSCR 1.74. Entry price of $650,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $179,583 and $5,987/yr in principal reduction bring total cumulative return to $297,479.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 4.5% |
| Monthly Cash Flow | $773 | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,087 |
| Total Monthly Debt Service | $4,055 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
7,579 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1959
7,579 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffany Salvador Acevedo • Sheehan Realty Corp
Mls Name: BeachesMLS
Mls ID: #RX-11115283