8616 Chevy Chase DriveBoca RatonFL33433
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 11.68% yield at 8616 Chevy Chase Drive, Boca Raton, FL, 33433 in Boca Raton is solid, but the $944/mo payment compresses net cash flow to $49/mo at $209,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $57,992 by year five, and $1,933/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (2.16) without U.S. income documentation. Total projected return: $121,774.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 4.5% |
| Monthly Cash Flow | $49 | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,042 |
| Total Monthly Debt Service | $1,309 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Ann Chapman • Luxury Homes Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11161692