7770 Lakeside Blvd #G301Boca RatonFL33434
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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
Total monthly income runs $3,650/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 9.73% with $3,650/mo rent. Return on cash invested shows 18% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 95.86% and total cumulative return in cash records $142,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,650/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$900 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33434, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,941 (100%) |
| Owner Occupied HU | 9,183 (65.9%) |
| Renter Occupied HU | 2,078 (14.9%) |
| Vacant Housing Units | 2,680 (19.2%) |
| Median Home Value | $469,187 |
| Average Home Value | $558,887 |
Housing Distribution
Address Breakdown
Residential
12,907
Single Family
5,924
Multi-Family
6,983
Businesses
584
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-09 | Price change | $450,000 |
| 2024-12-06 | Listed for sale | $500,000 |
| 2015-08-05 | Sold | $53,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $1502.00 | 75.06% | $32,670 | 10.00% |
| 2022-12-26 | $858.00 | 14.40% | $29,700 | 10.00% |
| 2021-12-26 | $750.00 | 0.42% | $27,000 | N/A |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1979
- Architectural Style: N/A
- Building Area: 1,225
- Living Area: 1,225 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Ceramic Tile
- Interior Features: Built-in Features
- Exterior Features: Courtyard
- Parking Features: 1 Space
Location
- City: Boca Raton
- State: FL
- Subdivision: Gardens Of Lakewood Condo,Boca West
- Lot Size: N/A
- Lot Features: N/A
- View: Lagoon
HOA & Fees
- HOA Fee: $900 monthly
- Association Fee: $900 monthly
- Fees & Dues: N/A
- Association Amenities: Basketball Court, Billiard Room, Child Play Area, Clubhouse-Clubroom, Golf Equity Available, Heated Pool, Library, Sauna, Tennis Court(s), Car Wash Area
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Michele Hanft • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11704722
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.