505 Mansfield MBoca 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
Rental property for sale in Boca Raton at 505 Mansfield M, Boca Raton, FL, 33434 priced at $159,000 converts $1,244/mo rent into $189/mo cash flow after a $778/mo obligation. Total monthly income equals $1,244/mo, and annual cash flow totals $2,269/yr on $52,709 invested. Return on cash invested prints 24.21% in year one, and rental yield reads 9.39% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 126.63% and total cumulative return in cash sums $66,744. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,244/mo property income covering a $778/mo payment, not borrower’s personal income.
Condo
Built in 1980
181 sqft 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: Jeffrey Todd Levy • Cheerful Agents Real Estate LLC
Mls Name: BeachesMLS
Mls ID: #RX-11147500