106 Hastings GWest Palm BeachFL33417
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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 106 Hastings G, West Palm Beach, FL, 33417 earns $173/mo cash flow from $1,168/mo rent with a $734/mo payment. Total monthly income totals $1,168/mo, and annual cash flow totals $2,075/yr on $49,692 capital. ROI tracks 24.08% on current figures, and rental yield reads 9.35% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash sums $62,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,168/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Housing Distribution
Address Breakdown
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
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Listed by: Sandra Ballantyne • RE/MAX Prestige Realty/RPB
Mls Name: BeachesMLS
Mls ID: #RX-11108897