9235 SW 8th St APT 509Boca RatonFL33428
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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 9235 SW 8th St APT 509, Boca Raton, FL, 33428 offers a 18.42% rental yield on a $133,800 purchase with $2,054/mo rent. Total monthly income registers $2,054/mo, and a $655/mo payment leaves $1,083/mo available for distribution. Annual cash flow reaches $12,997/yr on $44,355 to close, and return on cash invested stands at 49.21% in year one. Equity gained on principal adds $863/yr while 5% annual appreciation supports $36,966 over five years. Portfolio math shows five-year ROI at 261.47% and total cumulative return in cash at $115,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,054/mo property income against a $655/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33428, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,565 (100%) |
| Owner Occupied HU | 11,440 (65.1%) |
| Renter Occupied HU | 5,099 (29.0%) |
| Vacant Housing Units | 1,026 ( 5.8%) |
| Median Home Value | $533,805 |
| Average Home Value | $573,475 |
Housing Distribution
Address Breakdown
Residential
17,161
Single Family
11,637
Multi-Family
5,524
Businesses
422
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