7209 Promenade Dr APT 602Boca RatonFL33433
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
Investment Highlights
Investment property for sale in Boca Raton at 7209 Promenade Dr APT 602, Boca Raton, FL, 33433 listed at $548,500 pairs $3,960/mo rent with a $2,685/mo payment. Total monthly income runs $3,960/mo. Return on cash invested measures 12.67% in year one, and rental yield registers 8.66% at a $548,500 basis. Equity gained on principal adds $3,539/yr, and annual property appreciation at 5% supports $151,540 by year five. Five-year ROI tracks 68.04% and total cumulative return in cash totals $122,779. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,960/mo property income relative to a $2,685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
$1,431 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edy Pyles • Casalina Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11719154
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.