6662 Boca Del Mar 116 Drive #116Boca RatonFL33433
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow6662 Boca Del Mar 116 Drive #116, Boca Raton, FL, 33433 in Boca Raton is a top-tier cash-flow asset. At $369,500 it produces $3,235/mo in rent and $783/mo in net monthly income, a 10.51% gross rental yield. The DSCR of 1.95 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $9,398. Five-year appreciation adds $102,086, driving a total cumulative return of $191,198.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 4.5% |
| Monthly Cash Flow | $783 | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,235 |
| Total Monthly Debt Service | $2,305 |
| DSCR Ratio | 1.40x |
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 1981
1,340 sqft 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 1981
1,340 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lloyd Bruce Sokolow • INI Realty
Mls Name: BeachesMLS
Mls ID: #RX-11101754