10369 Northbrook CirclePalm Beach GardensFL33412
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 10369 Northbrook Circle, Palm Beach Gardens, FL, 33412 in Palm Beach Gardens delivers $5,782/mo in gross rent and $241/mo in net monthly income at a $835,000 entry. The 8.31% yield and 1.54 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $230,695 over five years and $7,690/yr in equity from loan paydown, total projected return is $333,724.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $241 | $1,500 |
City averages based on Palm Beach Gardens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,782 |
| Total Monthly Debt Service | $5,209 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33412, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,756 (100%) |
| Owner Occupied HU | 6,514 (84.0%) |
| Renter Occupied HU | 647 ( 8.3%) |
| Vacant Housing Units | 595 ( 7.7%) |
| Median Home Value | $634,108 |
| Average Home Value | $726,792 |
Housing Distribution
Address Breakdown
Residential
7,255
Single Family
7,158
Multi-Family
97
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33412, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,756 (100%) |
| Owner Occupied HU | 6,514 (84.0%) |
| Renter Occupied HU | 647 ( 8.3%) |
| Vacant Housing Units | 595 ( 7.7%) |
| Median Home Value | $634,108 |
| Average Home Value | $726,792 |
Housing Distribution
Address Breakdown
Residential
7,255
Single Family
7,158
Multi-Family
97
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Callanan • CENTURY 21 Tenace Realty
Mls Name: BeachesMLS
Mls ID: #RX-11151408