6061 Balboa Circle #403Boca RatonFL33433
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6061 Balboa Circle #403, Boca Raton, FL, 33433 in Boca Raton speaks for itself: 10.83% gross on a $349,900 price, generating $3,158/mo in rent and $836/mo in net income after the $1,573/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,037 stacks alongside $96,671 in projected five-year appreciation and $3,223/yr in principal reduction. Projected total cumulative return: $187,198.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 4.5% |
| Monthly Cash Flow | $836 | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,158 |
| Total Monthly Debt Service | $2,183 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel J DeRogatis • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11135129