9540 Richmond Circle, Boca Raton, FL, 33434 | $268/mo Cash Flow

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9540 Richmond Circle, Boca Raton, FL, 33434 | $268/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Boca Raton at 9540 Richmond Circle, Boca Raton, FL, 33434 generates $3,646/mo in rent and, after a $2,491/mo payment, leaves $268/mo in cash flow. Total monthly income is $3,646/mo, and annual cash flow is $3,222/yr on $167,461 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 8.6% on a $509,000 entry. Equity gained on principal adds $3,285/yr, while 5% annual appreciation builds toward $140,627 over five years. Five-year ROI reaches 114.54% and total cumulative return in cash sums $191,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,646/mo property income rather than buyer’s personal income.

Single Family

Built in 1979

8,627 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled alongside the scenic Southwind's Golf Course, this vibrant Community features amenities, that include a community pool and cabana, clubhouse, basketball and tennis courts with pickleball, and a playground for all ages.This upgraded home offers a perfect blend of modern finishes and practical upgrades. The interior showcases newly installed laminate flooring throughout the main living areas and decorative tile in the bathrooms. The renovated kitchen is a standout feature, complete with a farmhouse sink, soft-close drawers, quartzite countertops, and a classic subway tile backsplash. Upgraded interior doors and new ceiling fans enhance the home's contemporary feel, while both bathrooms have been tastefully remodeled with nice finishes.The oversized, fully fenced yard offers plenty of space for a future pool, complemented by a screened and enclosed patio and a paver patioideal for entertaining or simply enjoying Florida's year-round sunshine. A zoned sprinkler system helps maintain the lush landscape effortlessly. This home is equipped for peace of mind and energy efficiency, featuring full impact-rated windows and doors, a storm-rated garage door, updated ductwork, and a Nest thermostat. Additional highlights include a portable generator hookup with a dedicated breaker (portable generator included), Combining modern updates, community charm, and an unbeatable location, this home offers the best of South Florida livingready for you to move in and make it your own.

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