1108 Green Pine Blvd APT A1West Palm BeachFL33409
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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 1108 Green Pine Blvd APT A1, West Palm Beach, FL, 33409 offers a 9.17% rental yield on a $163,000 purchase with $1,246/mo rent. Total monthly income registers $1,246/mo, and a $798/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,969/yr on $54,035 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $1,052/yr while 5% annual appreciation supports $45,034 over five years. Portfolio math shows five-year ROI at 123.07% and total cumulative return in cash at $66,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,246/mo property income against a $798/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33409, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,274 (100%) |
| Owner Occupied HU | 5,595 (39.2%) |
| Renter Occupied HU | 7,596 (53.2%) |
| Vacant Housing Units | 1,083 ( 7.6%) |
| Median Home Value | $369,591 |
| Average Home Value | $519,718 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
7,927
Multi-Family
4,695
Businesses
1,880
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Listed by: Joseph Bettag PA • Coastal Properties
Mls Name: MIAMI
Mls ID: #A11902041