11397 Pond View Drive #E203WellingtonFL33414
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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
Total monthly income runs $3,617/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 6.43% with $3,617/mo rent. Return on cash invested shows 15.4% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 79.23% and total cumulative return in cash records $175,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,617/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Condo
Built in 1979
4.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
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Listed by: Marc Darren Ulanowski • Equestrian Sotheby's International Realty Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11149885