8182 Springtree RoadBoca RatonFL33496
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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
Rental property for sale in Boca Raton at 8182 Springtree Road, Boca Raton, FL, 33496 generates $2,132/mo in rent and, after a $1,468/mo payment, leaves $142/mo in cash flow. Total monthly income is $2,132/mo, and annual cash flow is $1,700/yr on $99,417 invested. Return on cash invested sits at 21.62% in year one, and rental yield is 8.53% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 112.62% and total cumulative return in cash sums $111,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,132/mo property income rather than buyer’s personal income.
Condo
Built in 1989
22.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33496, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 10,062 (75.5%) |
| Renter Occupied HU | 1,751 (13.1%) |
| Vacant Housing Units | 1,515 (11.4%) |
| Median Home Value | $825,092 |
| Average Home Value | $1,041,364 |
Housing Distribution
Address Breakdown
Residential
12,941
Single Family
10,553
Multi-Family
2,388
Businesses
203
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Listed by: Cliff Glansen • FlatFee.com
Mls Name: BeachesMLS
Mls ID: #RX-11105961