1165 Golden Lakes Blvd APT 1226West Palm BeachFL33411
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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 1165 Golden Lakes Blvd APT 1226, West Palm Beach, FL, 33411 offers a 8% rental yield on a $225,900 purchase with $1,506/mo rent. Total monthly income registers $1,506/mo, and a $1,106/mo payment leaves $7/mo available for distribution. Annual cash flow reaches $79/yr on $74,886 to close, and return on cash invested stands at 20.01% in year one. Equity gained on principal adds $1,458/yr while 5% annual appreciation supports $62,412 over five years. Portfolio math shows five-year ROI at 104.02% and total cumulative return in cash at $77,895. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,506/mo property income against a $1,106/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Martin Mas • Fortune Christie's International Real Estate
Mls Name: MIAMI
Mls ID: #A11922820