1018 Green Pine Boulevard #DWest 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 1018 Green Pine Boulevard #D, West Palm Beach, FL, 33409 listed at $277,500 pairs $2,430/mo rent with a $1,358/mo payment to leave $589/mo cash flow. Total monthly income runs $2,430/mo, and annual cash flow reaches $7,064/yr on $91,991 cash to close. Return on cash invested measures 27.59% in year one, and rental yield registers 10.51% at a $277,500 basis. Equity gained on principal adds $1,791/yr, and annual property appreciation at 5% supports $76,668 by year five. Five-year ROI tracks 144.6% and total cumulative return in cash totals $133,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,430/mo property income relative to a $1,358/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
No 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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Listed by: Carol Watson • RE/MAX Prestige Realty/RPB
Mls Name: BeachesMLS
Mls ID: #RX-11110773