8902 Meadowlark WayBoca 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 8902 Meadowlark Way, Boca Raton, FL, 33496 generates $2,146/mo in rent and, after a $1,508/mo payment, leaves $102/mo in cash flow. Total monthly income is $2,146/mo, and annual cash flow is $1,219/yr on $102,102 invested. Return on cash invested sits at 21.1% in year one, and rental yield is 8.36% on a $308,000 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation builds toward $85,095 over five years. Five-year ROI reaches 109.85% and total cumulative return in cash sums $112,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,146/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No 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: Lisa Marie Jasky • Signature Best Florida Realty
Mls Name: BeachesMLS
Mls ID: #RX-11124869