7200 NW 2nd Avenue #87Boca 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 7200 NW 2nd Avenue #87, Boca Raton, FL, 33487 earns $836/mo cash flow from $2,814/mo rent with a $1,459/mo payment. Total monthly income totals $2,814/mo, and annual cash flow totals $10,032/yr on $98,787 capital. ROI tracks 30.06% on current figures, and rental yield reads 11.33% at a $298,000 purchase. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 over five years. Five-year ROI reaches 157.86% and total cumulative return in cash sums $155,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,814/mo property income instead of your personal income.
Townhouse
Built in 1983
N/A 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: Deborah L Henriksen • Kustom Properties Group
Mls Name: BeachesMLS
Mls ID: #RX-11145886