891 SW Hickory TerraceBoca RatonFL33486
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
Rental property for sale in Boca Raton at 891 SW Hickory Terrace, Boca Raton, FL, 33486 offers $6,739/mo rent that, after a $9,789/mo payment. Total monthly income is $6,739/mo. Return on cash invested measures 8.27% in year one, and rental yield stands at 4.04% at a $1,999,999 entry. Equity gained on principal adds $12,906/yr while 5% annual appreciation compounds into $552,563 by year five. Five-year ROI records 40.93% and total cumulative return in cash reaches $265,255. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,739/mo property income versus a $9,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
8,638 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33486, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,073 (100%) |
| Owner Occupied HU | 6,734 (74.2%) |
| Renter Occupied HU | 1,860 (20.5%) |
| Vacant Housing Units | 479 ( 5.3%) |
| Median Home Value | $679,416 |
| Average Home Value | $799,851 |
Housing Distribution
Address Breakdown
Residential
9,254
Single Family
7,803
Multi-Family
1,451
Businesses
351
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Listed by: Denine P McKerchie • Coldwell Banker
Mls Name: BeachesMLS
Mls ID: #RX-11151179