126 Lakeshore Dr APT 526North Palm BeachFL33408
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 North Palm Beach at 126 Lakeshore Dr APT 526, North Palm Beach, FL, 33408 listed at $495,000 pairs $3,289/mo rent with a $2,423/mo payment to leave $4/mo cash flow. Total monthly income runs $3,289/mo, and annual cash flow reaches $46/yr on $164,093 cash to close. Return on cash invested measures 19.94% in year one, and rental yield registers 7.97% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 103.57% and total cumulative return in cash totals $169,954. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,289/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33408, North Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 7,367 (58.0%) |
| Renter Occupied HU | 2,617 (20.6%) |
| Vacant Housing Units | 2,707 (21.3%) |
| Median Home Value | $702,045 |
| Average Home Value | $877,462 |
Housing Distribution
Address Breakdown
Residential
11,371
Single Family
5,958
Multi-Family
5,413
Businesses
1,371
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thor M Brown • Compass Florida, LLC
Mls Name: Palm Beach BOR
Mls ID: #26-100