6662 Boca Del Mar Drive #713Boca RatonFL33433
INVESTMENT ANALYSIS
Investment Verdict
Solid Income6662 Boca Del Mar Drive #713, Boca Raton, FL, 33433 in Boca Raton carries a 1.56 coverage ratio, rent of $2,084/mo is 1.56 times the $1,340/mo payment. Rental yield 8.39%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $298,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $82,332; total projected cumulative return: $120,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.5% |
| Monthly Cash Flow | $(684) | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,084 |
| Total Monthly Debt Service | $1,859 |
| DSCR Ratio | 1.12x |
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
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 1981
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie Tilchen • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10542021