858 NW 83rd LaneBoca RatonFL33487
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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 858 NW 83rd Lane, Boca Raton, FL, 33487 earns $146/mo cash flow from $4,267/mo rent with a $2,712/mo payment. Total monthly income totals $4,267/mo, and annual cash flow totals $1,757/yr on $182,266 capital. ROI tracks 21.02% on current figures, and rental yield reads 9.24% at a $554,000 purchase. Equity gained on principal adds $3,575/yr, and 5% annual appreciation supports $153,060 over five years. Five-year ROI reaches 110.45% and total cumulative return in cash sums $201,306. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,267/mo property income instead of your personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$271 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33487, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,620 (100%) |
| Owner Occupied HU | 7,486 (51.2%) |
| Renter Occupied HU | 3,846 (26.3%) |
| Vacant Housing Units | 3,288 (22.5%) |
| Median Home Value | $691,045 |
| Average Home Value | $878,616 |
Housing Distribution
Address Breakdown
Residential
11,941
Single Family
5,940
Multi-Family
6,001
Businesses
1,423
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Listed by: Pamela Thomes • Compass Florida LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11036937
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 2024 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.