9235 SW 8th Street #114Boca RatonFL33428
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 9235 SW 8th Street #114, Boca Raton, FL, 33428 in Boca Raton earns a 13.1% gross yield at $249,000. Rent of $2,718/mo nets $468/mo after the $1,120/mo mortgage. The 2.43 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $68,794 and $2,293/yr in equity accumulation project a total cumulative return of $127,665.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 4.5% |
| Monthly Cash Flow | $468 | $1,200 |
City averages based on Boca Raton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,718 |
| Total Monthly Debt Service | $2,151 |
| DSCR Ratio | 1.26x |
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 1981
N/A lot
$N/A/sqft
$518 monthly 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
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 1981
N/A lot
$N/A/sqft
$518 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices