6235 NW 42nd WayBoca RatonFL33496
INVESTMENT ANALYSIS
Investment Verdict
Solid Income6235 NW 42nd Way, Boca Raton, FL, 33496 in Boca Raton is a solid income-producing rental, 9.59% gross yield, $9,978/mo rent, $889/mo net cash flow on a $1,249,000 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $345,076 and $11,503/yr in principal reduction project a total cumulative return of $536,763.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.5% |
| Monthly Cash Flow | $889 | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,978 |
| Total Monthly Debt Service | $8,592 |
| DSCR Ratio | 1.16x |
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.
Single Family
Built in 1998
N/A lot
$N/A/sqft
$800 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33496, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 10,062 (75.5%) |
| Renter Occupied HU | 1,751 (13.1%) |
| Vacant Housing Units | 1,515 (11.4%) |
| Median Home Value | $825,092 |
| Average Home Value | $1,041,364 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
10,553
Multi-Family
2,388
Businesses
203
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
Single Family
Built in 1998
N/A lot
$N/A/sqft
$800 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33496, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 10,062 (75.5%) |
| Renter Occupied HU | 1,751 (13.1%) |
| Vacant Housing Units | 1,515 (11.4%) |
| Median Home Value | $825,092 |
| Average Home Value | $1,041,364 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
10,553
Multi-Family
2,388
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices