6205 Balboa Circle #206Boca RatonFL33433
INVESTMENT ANALYSIS
Investment Verdict
Solid Income6205 Balboa Circle #206, Boca Raton, FL, 33433 in Boca Raton is a solid income-producing rental, 9.26% gross yield, $3,078/mo rent, $430/mo net cash flow on a $399,000 buy. DSCR 1.72 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $110,236 and $3,675/yr in principal reduction project a total cumulative return of $179,813.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 4.5% |
| Monthly Cash Flow | $430 | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,078 |
| Total Monthly Debt Service | $2,489 |
| DSCR Ratio | 1.24x |
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: Jonathan Mark Phillips • Keller Williams Realty Services
Mls Name: BeachesMLS
Mls ID: #RX-11118597