1087 Salmon IsleGreenacresFL33413
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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 Greenacres at 1087 Salmon Isle, Greenacres, FL, 33413 generates $3,503/mo in rent and, after a $2,422/mo payment, leaves $219/mo in cash flow. Total monthly income is $3,503/mo, and annual cash flow is $2,629/yr on $164,059 invested. Return on cash invested sits at 21.51% in year one, and rental yield is 8.49% on a $494,900 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,732 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash sums $183,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,503/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33413, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,005 (58.2%) |
| Renter Occupied HU | 2,561 (37.2%) |
| Vacant Housing Units | 318 ( 4.6%) |
| Median Home Value | $464,235 |
| Average Home Value | $583,542 |
Housing Distribution
Address Breakdown
Residential
6,101
Single Family
4,884
Multi-Family
1,217
Businesses
276
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Listed by: Wilkens Desinat • Florida Professional Prop.
Mls Name: BeachesMLS
Mls ID: #RX-11131159