126 Cypress Point DrivePalm Beach GardensFL33418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palm Beach Gardens at 126 Cypress Point Drive, Palm Beach Gardens, FL, 33418 offers a 8.35% rental yield on a $299,900 purchase with $2,087/mo rent. Total monthly income registers $2,087/mo, and a $1,468/mo payment leaves $97/mo available for distribution. Annual cash flow reaches $1,160/yr on $99,417 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 109.7% and total cumulative return in cash at $109,060. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,087/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33418, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 16,453 (70.1%) |
| Renter Occupied HU | 4,410 (18.8%) |
| Vacant Housing Units | 2,611 (11.1%) |
| Median Home Value | $742,009 |
| Average Home Value | $890,923 |
Housing Distribution
Address Breakdown
Residential
22,155
Single Family
16,257
Multi-Family
5,898
Businesses
508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David William Marshall • David Marshall & Associates
Mls Name: BeachesMLS
Mls ID: #RX-11140016