1080 Lake Victoria Dr APT BWest Palm BeachFL33411
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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
Rental property for sale in West Palm Beach at 1080 Lake Victoria Dr APT B, West Palm Beach, FL, 33411 priced at $250,000 pairs $2,784/mo rent with $731/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,784/mo, and annual cash flow comes to $8,767/yr on $82,875 invested. Return on cash invested is 30.49% in year one, and rental yield stands at 13.36% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 162.24% and total cumulative return in cash reaches $134,458. For financing, Ziffy Mortgage’s DSCR program evaluates $2,784/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
$394 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Michael Maakar • InterConnect Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11670366
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.