8694 Via Reale APT 3Boca 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
Rental property for sale in Boca Raton at 8694 Via Reale APT 3, Boca Raton, FL, 33496 generates $3,733/mo in rent, after a $2,628/mo payment. Total monthly income is $3,733/mo. Return on cash invested sits at 15.25% in year one, and rental yield is 8.34% on a $537,000 entry. Equity gained on principal adds $3,465/yr, while 5% annual appreciation builds toward $148,363 over five years. Five-year ROI reaches 80.58% and total cumulative return in cash sums $142,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,733/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$878 monthly 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: Ari Banegas • Emporio Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11813107
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.