108 Paradise Harbour Blvd APT 405North Palm BeachFL33408
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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 North Palm Beach at 108 Paradise Harbour Blvd APT 405, North Palm Beach, FL, 33408 uses $86,256 cash to close to unlock $4,029/yr annual cash flow and $336/mo monthly cash flow. Total monthly income runs $2,185/mo, and a $1,274/mo payment keeps the spread at $336/mo. Purchase price stands at $260,200, and rental yield measures 10.08% with $2,185/mo rent. Return on cash invested shows 24.58% in year one, and 5% annual appreciation builds toward $71,888 over five years. Five-year ROI reaches 129.1% and total cumulative return in cash records $111,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,185/mo property income covering a $1,274/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33408, North Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 7,367 (58.0%) |
| Renter Occupied HU | 2,617 (20.6%) |
| Vacant Housing Units | 2,707 (21.3%) |
| Median Home Value | $702,045 |
| Average Home Value | $877,462 |
Housing Distribution
Address Breakdown
Residential
11,371
Single Family
5,958
Multi-Family
5,413
Businesses
1,371
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A