11016 Legacy DrPalm Beach GardensFL33410
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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 Palm Beach Gardens at 11016 Legacy Dr, Palm Beach Gardens, FL, 33410 uses $117,683 cash to close to unlock $2,361/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $2,553/mo, and a $1,738/mo payment keeps the spread at $197/mo. Purchase price stands at $355,000, and rental yield measures 8.63% with $2,553/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 114.2% and total cumulative return in cash records $134,388. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,553/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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Listed by: Susan Eddy • Lang Realty/Jupiter
Mls Name: MIAMI
Mls ID: #A11936714