1231 Lucaya Dr UNIT 1231West Palm BeachFL33404
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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 1231 Lucaya Dr UNIT 1231, West Palm Beach, FL, 33404 listed at $310,000 pairs $2,152/mo rent with a $1,517/mo payment. Total monthly income runs $2,152/mo. Return on cash invested measures 16.72% in year one, and rental yield registers 8.33% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 87.92% and total cumulative return in cash totals $90,355. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,152/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$368 monthly HOA
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Listed by: Katty Chaparro • Urban Development & Investments LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11864869
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