








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Royal Palm Beach at 120 Sparrow Drive #302, Royal Palm Beach, FL, 33411 earns from $1,447/mo rent with a $979/mo payment. Total monthly income totals $1,447/mo. ROI tracks 11.35% on current figures, and rental yield reads 8.68% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 61.39% and total cumulative return in cash sums $40,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,447/mo property income instead of your personal income.
Condo
Built in 1975
365 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
| 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 |
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Listed for sale | $200,000 |
| 2025-06-18 | Listing removed | $210,000 |
| 2025-02-11 | Listed for sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-23 | $2892.00 | 14.13% | $141,725 | 10.00% |
| 2023-06-23 | $2534.00 | 6.87% | $128,841 | 10.00% |
| 2022-06-23 | $2371.00 | 8.07% | $117,128 | 10.00% |



Listed by: Maria Angelica Dominguez • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11101795
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.