6342 Longboat Ln #404, Boca Raton, FL, 33433 | $91/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
852 sft

7539 S Oriole Boulevard #103, Delray Beach, FL, 33446

Currently Rented+ 3 more

2 Bed
1 Bath
590 sft

101 NE 41st St #65E, Oakland Park, FL, 33334

2 Bed
1 Bath
798 sft

2542 S Federal Highway #11, Boynton Beach, FL, 33435

2 Bed
2 Bath
1100 sft

3090 N Course Dr #510, Pompano Beach, FL, 33069

Nearby investment properties with comparable prices

1 Bed
1 Bath
568 sft

401 NE 16th Ave #4, Fort Lauderdale, FL, 33301

2 Bed
2 Bath
1324 sft

5730 Fernley Dr E APT 4, West Palm Beach, FL, 33415

2 Bed
2 Bath
1300 sft

6200 NW 2nd Ave #2130, Boca Raton, FL, 33487

2 Bed
2 Bath
825 sft

2228 N Cypress Bend Dr UNIT 304, Pompano Beach, FL, 33069

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Boca Raton at 6342 Longboat Ln #404, Boca Raton, FL, 33433 offers a 8.4% rental yield on a $249,900 purchase with $1,749/mo rent. Total monthly income registers $1,749/mo, and a $1,223/mo payment leaves $91/mo available for distribution. Annual cash flow reaches $1,089/yr on $82,842 to close, and return on cash invested stands at 21.22% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 110.48% and total cumulative return in cash at $91,526. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,749/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA