5885 NW 40th TerraceBoca RatonFL33496
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 5885 NW 40th Terrace, Boca Raton, FL, 33496 offers a 11.08% rental yield on a $939,000 purchase with $8,669/mo rent. Total monthly income registers $8,669/mo, and a $4,596/mo payment leaves $2,438/mo available for distribution. Annual cash flow reaches $29,251/yr on $308,931 to close, and return on cash invested stands at 29.53% in year one. Equity gained on principal adds $6,059/yr while 5% annual appreciation supports $259,428 over five years. Portfolio math shows five-year ROI at 154.98% and total cumulative return in cash at $478,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,669/mo property income against a $4,596/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
6,691 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33496, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 10,062 (75.5%) |
| Renter Occupied HU | 1,751 (13.1%) |
| Vacant Housing Units | 1,515 (11.4%) |
| Median Home Value | $825,092 |
| Average Home Value | $1,041,364 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
10,553
Multi-Family
2,388
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shereen C Randazza • Lang Realty/ BR
Mls Name: BeachesMLS
Mls ID: #RX-11145017