8290 Springlake DrBoca 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
Investment property for sale in Boca Raton at 8290 Springlake Dr, Boca Raton, FL, 33496 earns $1,121/mo cash flow from $3,769/mo rent with a $1,953/mo payment. Total monthly income totals $3,769/mo, and annual cash flow totals $13,453/yr on $132,269 capital. ROI tracks 30.08% on current figures, and rental yield reads 11.34% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 158% and total cumulative return in cash sums $208,982. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,769/mo property income instead of your personal income.
Townhouse
Built in 1993
N/A 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: Kimberly Rogers • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #F10549585