11370 Twelve Oaks Way #611North 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 11370 Twelve Oaks Way #611, North Palm Beach, FL, 33408 earns from $4,860/mo rent with a $3,671/mo payment. Total monthly income totals $4,860/mo. ROI tracks 19.49% on current figures, and rental yield reads 7.78% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 101.15% and total cumulative return in cash sums $249,582. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,860/mo property income instead of your personal income.
Condo
Built in 1985
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: Robert J Lynch • Illustrated Properties LLC (Co
Mls Name: BeachesMLS
Mls ID: #RX-11106709