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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 9961 Three Lakes Cir, Boca Raton, FL, 33428 generates $2,600/mo in rent, after a $1,610/mo payment. Total monthly income is $2,600/mo. Return on cash invested sits at 18.75% in year one, and rental yield is 9.48% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 99.31% and total cumulative return in cash sums $108,309. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,600/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$470 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 |
|---|---|---|
| 2024-08-14 | Price change | $329,000 |
| 2024-07-16 | Price change | $334,900 |
| 2024-05-08 | Price change | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $3557.00 | 11.47% | $186,340 | 10.00% |
| 2022-02-14 | $3191.00 | 9.54% | $169,400 | 10.00% |
| 2021-02-14 | $2913.00 | 8.53% | $154,000 | 10.00% |
Listed by: Luiz Neves • C&C Realty USA LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11548354
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.
