541 N Ocean Boulevard #5610Boca RatonFL33432
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 541 N Ocean Boulevard #5610, Boca Raton, FL, 33432 earns from $5,328/mo rent with a $6,803/mo payment. Total monthly income totals $5,328/mo. ROI tracks 9.99% on current figures, and rental yield reads 4.6% at a $1,390,000 purchase. Equity gained on principal adds $8,969/yr, and 5% annual appreciation supports $384,031 over five years. Five-year ROI reaches 50.15% and total cumulative return in cash sums $225,864. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,328/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33432, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,928 (100%) |
| Owner Occupied HU | 7,342 (43.4%) |
| Renter Occupied HU | 5,700 (33.7%) |
| Vacant Housing Units | 3,886 (23.0%) |
| Median Home Value | $941,593 |
| Average Home Value | $1,118,234 |
Housing Distribution
Address Breakdown
Residential
13,710
Single Family
4,102
Multi-Family
9,608
Businesses
1,907
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dante Girardi • Paradise Real Estate Intl
Mls Name: BeachesMLS
Mls ID: #RX-11156203