6073 Balboa Circle UNIT 201Boca RatonFL33433
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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
Rental property for sale in Boca Raton at 6073 Balboa Circle UNIT 201, Boca Raton, FL, 33433 generates $3,133/mo in rent and, after a $1,591/mo payment, leaves $368/mo in cash flow. Total monthly income is $3,133/mo, and annual cash flow is $4,416/yr on $107,737 invested. Return on cash invested sits at 24.01% in year one, and rental yield is 11.57% on a $324,999 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,791 over five years. Five-year ROI reaches 127.86% and total cumulative return in cash sums $137,749. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,133/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$608 monthly HOA
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Listed by: Adriana Lopez Martin • Century 21 Stein Posner
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11012494
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.