1025 Selkirk StWest Palm BeachFL33405
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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 1025 Selkirk St, West Palm Beach, FL, 33405 listed at $385,000 pairs $2,669/mo rent with a $1,884/mo payment to leave $114/mo cash flow. Total monthly income runs $2,669/mo, and annual cash flow reaches $1,374/yr on $127,628 cash to close. Return on cash invested measures 20.99% in year one, and rental yield registers 8.32% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 109.21% and total cumulative return in cash totals $139,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,669/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
5,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33405, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,740 (100%) |
| Owner Occupied HU | 4,738 (54.2%) |
| Renter Occupied HU | 3,176 (36.3%) |
| Vacant Housing Units | 826 ( 9.5%) |
| Median Home Value | $538,407 |
| Average Home Value | $743,392 |
Housing Distribution
Address Breakdown
Residential
8,159
Single Family
7,486
Multi-Family
673
Businesses
1,053
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Listed by: Lisa Szatala • Venture Homes Realty
Mls Name: MIAMI
Mls ID: #A11887509