641 Eddy StreetBoca RatonFL33487
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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 641 Eddy Street, Boca Raton, FL, 33487 generates $5,639/mo in rent, after a $8,903/mo payment. Total monthly income is $5,639/mo. Return on cash invested sits at 5.42% in year one, and rental yield is 3.72% on a $1,819,000 entry. Equity gained on principal adds $11,738/yr, while 5% annual appreciation builds toward $502,556 over five years. Five-year ROI reaches 26.33% and total cumulative return in cash sums $155,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,639/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33487, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,620 (100%) |
| Owner Occupied HU | 7,486 (51.2%) |
| Renter Occupied HU | 3,846 (26.3%) |
| Vacant Housing Units | 3,288 (22.5%) |
| Median Home Value | $691,045 |
| Average Home Value | $878,616 |
Housing Distribution
Address Breakdown
Residential
11,941
Single Family
5,940
Multi-Family
6,001
Businesses
1,423
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Listed by: Stephen Aron • Premiere Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11010370
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 2025 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.