8459 Boca Rio DrBoca RatonFL33433
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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 8459 Boca Rio Dr, Boca Raton, FL, 33433 priced at $419,000 pairs $3,960/mo rent with $827/mo cash flow after a $2,051/mo payment. Total monthly income equals $3,960/mo, and annual cash flow comes to $9,927/yr on $138,899 invested. Return on cash invested is 27.06% in year one, and rental yield stands at 11.34% on a $419,000 basis. Equity gained on principal adds $2,704/yr, and 5% annual appreciation accumulates to $115,762 by year five. Five-year ROI measures 142.88% and total cumulative return in cash reaches $198,461. For financing, Ziffy Mortgage’s DSCR program evaluates $3,960/mo property income against a $2,051/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$352 monthly HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-15 | Listed for sale | $419,000 |
| 2024-09-30 | Listing removed | $439,900 |
| 2024-08-31 | Price change | $439,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-16 | $1497.00 | -2.35% | $128,273 | 3.00% |
| 2022-11-16 | $1533.00 | 2.68% | $124,537 | 3.00% |
| 2021-11-16 | $1493.00 | 1.29% | $120,910 | 1.40% |
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 1986
- Architectural Style: N/A
- Building Area: 1,790
- Living Area: 1,598 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Tile
- Interior Features: Built-in Features, Closet Cabinetry
- Exterior Features: Other
- Parking Features: 2 Or More Spaces
Location
- City: Boca Raton
- State: FL
- Subdivision: Village At Boca Rio Ph-2
- Lot Size: N/A
- Lot Features: N/A
- View: Lake
HOA & Fees
- HOA Fee: $352 monthly
- Association Fee: $352 monthly
- Fees & Dues: N/A
- Association Amenities: Jogging Path, Child Play Area, Tennis Court(s)
- 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: Hammock Pointe
- Middle School: Omni
- High School: Spanish River Community
Listed by: Gillian Wilson • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11680042
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.