7050 NE 7th AveBoca 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
Investment property for sale in Boca Raton at 7050 NE 7th Ave, Boca Raton, FL, 33487 offers a 3.83% rental yield on a $1,875,000 purchase with $5,984/mo rent. 61% in year one. Equity gained on principal adds $12,099/yr while 5% annual appreciation supports $518,028 over five years. Portfolio math shows five-year ROI at 37.4% and total cumulative return in cash at $227,222. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,984/mo property income against a $9,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,670 sqft 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: Judi Berner • Beachfront Realty Inc
Mls Name: MIAMI
Mls ID: #A11875276