1002 Green Pine Blvd APT F2West Palm BeachFL33409
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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 West Palm Beach at 1002 Green Pine Blvd APT F2, West Palm Beach, FL, 33409 uses $66,698 cash to close to unlock $8,551/yr annual cash flow and $713/mo monthly cash flow. Total monthly income runs $2,364/mo, and a $985/mo payment keeps the spread at $713/mo. Purchase price stands at $201,200, and rental yield measures 14.1% with $2,364/mo rent. Return on cash invested shows 32.73% in year one, and 5% annual appreciation builds toward $55,588 over five years. Five-year ROI reaches 174.27% and total cumulative return in cash records $116,233. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $985/mo payment rather than investor’s personal income.
Condo
Built in 1983
1 Acres lot
$N/A/sqft
$316 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33409, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,274 (100%) |
| Owner Occupied HU | 5,595 (39.2%) |
| Renter Occupied HU | 7,596 (53.2%) |
| Vacant Housing Units | 1,083 ( 7.6%) |
| Median Home Value | $369,591 |
| Average Home Value | $519,718 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
7,927
Multi-Family
4,695
Businesses
1,880
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