508 NW 53rd StBoca RatonFL33487
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
Investment Highlights
Investment property for sale in Boca Raton at 508 NW 53rd St, Boca Raton, FL, 33487 earns $201/mo cash flow from $4,481/mo rent with a $3,157/mo payment. Total monthly income totals $4,481/mo, and annual cash flow totals $2,407/yr on $212,205 capital. ROI tracks 21.19% on current figures, and rental yield reads 8.34% at a $645,000 purchase. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 over five years. Five-year ROI reaches 110.3% and total cumulative return in cash sums $234,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,481/mo property income instead of your personal income.
Single Family
Built in 1973
6,434 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33487, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,620 (100%) |
| Owner Occupied HU | 7,486 (51.2%) |
| Renter Occupied HU | 3,846 (26.3%) |
| Vacant Housing Units | 3,288 (22.5%) |
| Median Home Value | $691,045 |
| Average Home Value | $878,616 |
Housing Distribution
Address Breakdown
Residential
11,941
Single Family
5,940
Multi-Family
6,001
Businesses
1,423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Domingues • Agent Plus Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11733258
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.