9490 Richmond CircleBoca RatonFL33434
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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 9490 Richmond Circle, Boca Raton, FL, 33434 listed at $570,000 pairs $3,534/mo rent with a $2,790/mo payment. Total monthly income runs $3,534/mo. Return on cash invested measures 17.03% in year one, and rental yield registers 7.44% at a $570,000 basis. Equity gained on principal adds $3,678/yr, and annual property appreciation at 5% supports $157,480 by year five. Five-year ROI tracks 88.49% and total cumulative return in cash totals $165,949. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,534/mo property income relative to a $2,790/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
8,625 sqft lot
$N/A/sqft
$75 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33434, Boca Raton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,941 (100%) |
| Owner Occupied HU | 9,183 (65.9%) |
| Renter Occupied HU | 2,078 (14.9%) |
| Vacant Housing Units | 2,680 (19.2%) |
| Median Home Value | $469,187 |
| Average Home Value | $558,887 |
Housing Distribution
Address Breakdown
Residential
12,907
Single Family
5,924
Multi-Family
6,983
Businesses
584
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $570,000 |
| 2023-05-24 | Sold | $545,000 |
| 2023-05-22 | Pending sale | $545,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $6876.00 | 282.85% | $392,505 | 190.34% |
| 2022-02-14 | $1796.00 | 2.34% | $135,186 | 3.00% |
| 2021-02-14 | $1755.00 | 1.39% | $131,249 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1980
- Architectural Style: Ranch
- Building Area: 1,710
- Living Area: 1,186 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Tile
- Interior Features: Entry Lvl Lvng Area, Pantry, Stack Bedrooms
- Exterior Features: Auto Sprinkler
- Parking Features: 2+ Spaces, Driveway, Garage - Attached, Auto Garage Open, Commercial Vehicles Prohibited
Location
- City: Boca Raton
- State: FL
- Subdivision: American Homes At Boca Raton 8/southwind Lakes
- Lot Size: 8,625 sqft
- Lot Features: < 1/4 Acre
- View: N/A
HOA & Fees
- HOA Fee: $75 monthly
- Association Fee: $75 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Whispering Pines Elementary School
- Middle School: Eagles Landing Middle School
- High School: Olympic Heights Community High
Listed by: Melissa Cutter • The Keyes Company
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11055229
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.