6181 Balboa Circle #303Boca 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
Investment property for sale in Boca Raton at 6181 Balboa Circle #303, Boca Raton, FL, 33433 listed at $369,800 pairs $3,119/mo rent with a $1,810/mo payment to leave $57/mo cash flow. Total monthly income runs $3,119/mo, and annual cash flow reaches $683/yr on $122,589 cash to close. Return on cash invested measures 20.47% in year one, and rental yield registers 10.12% at a $369,800 basis. Equity gained on principal adds $2,386/yr, and annual property appreciation at 5% supports $102,169 by year five. Five-year ROI tracks 108.56% and total cumulative return in cash totals $133,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,119/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$608 monthly HOA
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Listed by: Philip Artz • Lokation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10999891
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.