6680 Canary Palm CircleBoca RatonFL33433
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 6680 Canary Palm Circle, Boca Raton, FL, 33433 in Boca Raton achieves a 1.64 ratio at $550,000: $4,060/mo rent versus $2,473/mo debt service. Rental yield 8.86%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.86% yield compounds alongside 5% annual appreciation projecting $151,955 in value. Total projected cumulative return: $236,058.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 4.5% |
| Monthly Cash Flow | $(200) | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,060 |
| Total Monthly Debt Service | $3,431 |
| DSCR Ratio | 1.18x |
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.
Townhouse
Built in 1987
4,609 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
Townhouse
Built in 1987
4,609 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BeachesMLS
Mls ID: #B26025749