599 NW 12th AveBoca RatonFL33486
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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
Investment property for sale in Boca Raton at 599 NW 12th Ave, Boca Raton, FL, 33486 offers a 11.54% rental yield on a $985,000 purchase with $9,472/mo rent. Total monthly income registers $9,472/mo, and a $4,821/mo payment leaves $2,935/mo available for distribution. Annual cash flow reaches $35,226/yr on $324,065 to close, and return on cash invested stands at 30.93% in year one. Equity gained on principal adds $6,356/yr while 5% annual appreciation supports $272,137 over five years. Portfolio math shows five-year ROI at 162.5% and total cumulative return in cash at $526,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,472/mo property income against a $4,821/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33486, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,073 (100%) |
| Owner Occupied HU | 6,734 (74.2%) |
| Renter Occupied HU | 1,860 (20.5%) |
| Vacant Housing Units | 479 ( 5.3%) |
| Median Home Value | $679,416 |
| Average Home Value | $799,851 |
Housing Distribution
Address Breakdown
Residential
9,254
Single Family
7,803
Multi-Family
1,451
Businesses
351
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Listed by: Anel Sanchez • Charles Rutenberg Realty FTL
Mls Name: BeachesMLS
Mls ID: #F10544506