1034 Raintree DrivePalm Beach GardensFL33410
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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 Palm Beach Gardens at 1034 Raintree Drive, Palm Beach Gardens, FL, 33410 offers a 9.5% rental yield on a $565,000 purchase with $4,471/mo rent. Total monthly income registers $4,471/mo, and a $2,765/mo payment leaves $722/mo available for distribution. Annual cash flow reaches $8,664/yr on $185,885 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 129.19% and total cumulative return in cash at $240,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,471/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
4,273 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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Listed by: Aalivea D McCloskey • Donohue Real Estate, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11110482