9741 SW 1st PlBoca 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 9741 SW 1st Pl, Boca Raton, FL, 33428 offers a 10.1% rental yield on a $437,500 purchase with $3,683/mo rent. Total monthly income registers $3,683/mo, and a $2,141/mo payment leaves $629/mo available for distribution. Annual cash flow reaches $7,553/yr on $145,031 to close, and return on cash invested stands at 25.12% in year one. Equity gained on principal adds $2,823/yr while 5% annual appreciation supports $120,873 over five years. Portfolio math shows five-year ROI at 131.81% and total cumulative return in cash at $191,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,683/mo property income against a $2,141/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
5,986 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-22 | Price change | $437,500 |
| 2024-12-28 | Price change | $445,000 |
| 2024-12-04 | Listed for sale | $452,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $5700.00 | 9.32% | $312,747 | 10.00% |
| 2022-02-14 | $5214.00 | 24.20% | $284,315 | 33.48% |
| 2021-02-14 | $4198.00 | 10.80% | $213,000 | 10.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1974
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,025 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Carpet, Ceramic Tile
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Driveway, Attached
Location
- City: Boca Raton
- State: FL
- Subdivision: Sandalfoot Cove Sec 04
- Lot Size: 5,986 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Pool
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: Sandpiper Shores
- Middle School: Eagles Landing
- High School: Olympic Heights
Listed by: Danny Lewis • Lewis Real Estate Group Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10469753
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.