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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Boca Raton at 9370 SW 8th St APT 102, Boca Raton, FL, 33428 generates $2,839/mo in rent and, after a $1,321/mo payment, leaves $426/mo in cash flow. Total monthly income is $2,839/mo, and annual cash flow is $5,118/yr on $89,472 invested. Return on cash invested sits at 25.63% in year one, and rental yield is 12.62% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 137.14% and total cumulative return in cash sums $122,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,839/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$576 monthly HOA
Neighborhood data shown for ZIP Code: 33428, Boca Raton, FL area.
| 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 |
Residential
17,161
Single Family
11,637
Multi-Family
5,524
Businesses
422
Date | Event | Price |
|---|---|---|
| 2024-12-01 | Listed for sale | $269,900 |
| 2024-08-04 | Listing removed | $269,900 |
| 2024-05-09 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2946.00 | 11.09% | $147,620 | 10.00% |
| 2022-12-26 | $2652.00 | 12.85% | $134,200 | 10.00% |
| 2021-12-26 | $2350.00 | 342.96% | $122,000 | 188.96% |
Listed by: Guillermo Gori • Florida Brokers Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11584892
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.
