8477 Boca Glades Boulevard EBoca RatonFL33434
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 8477 Boca Glades Boulevard E, Boca Raton, FL, 33434 listed at $399,000 pairs $3,788/mo rent with a $1,953/mo payment to leave $588/mo cash flow. Total monthly income runs $3,788/mo, and annual cash flow reaches $7,057/yr on $132,269 cash to close. Return on cash invested measures 25.24% in year one, and rental yield registers 11.39% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 133.89% and total cumulative return in cash totals $177,098. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,788/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$552 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 |
|---|---|---|
| 2025-02-03 | Listed for sale | $399,000 |
| 2023-08-11 | Listing removed | N/A |
| 2023-08-01 | Listed for sale | $415,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Condo
- Year Built: 1985
- Architectural Style: N/A
- Building Area: 1,415
- Living Area: 1,411 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Laminate, Tile
- Interior Features: Split Bedroom, Volume Ceiling, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Assigned
Location
- City: Boca Raton
- State: FL
- Subdivision: Boca Glades Condo A Thru D
- Lot Size: N/A
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $552 monthly
- Association Fee: $552 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Cable TV, Common Areas, Insurance-Bldg, Maintenance Grounds, Maintenance Structure, Management Fees, Roof Maintenance, Security, Sewer, Water
Utilities
- Utilities: Electricity Connected
- 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: Petra Szalai • Champagne & Parisi Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11058687
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.