9370 SW 8th St APT 402Boca 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 9370 SW 8th St APT 402, Boca Raton, FL, 33428 earns $122/mo cash flow from $1,552/mo rent with a $1,055/mo payment. Total monthly income totals $1,552/mo, and annual cash flow totals $1,460/yr on $71,438 capital. ROI tracks 21.95% on current figures, and rental yield reads 8.64% at a $215,500 purchase. Equity gained on principal adds $1,391/yr, and 5% annual appreciation supports $59,539 over five years. Five-year ROI reaches 114.41% and total cumulative return in cash sums $81,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,552/mo property income instead of your personal income.
Condo
Built in 1980
N/A 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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Listed by: Elizabeth Zuleta • Garza International Realty, Inc
Mls Name: MIAMI
Mls ID: #A11835748