12816 67th Street NWest Palm BeachFL33412
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 West Palm Beach at 12816 67th Street N, West Palm Beach, FL, 33412 offers a 9.27% rental yield on a $660,000 purchase with $5,098/mo rent. Total monthly income registers $5,098/mo, and a $3,230/mo payment leaves $719/mo available for distribution. Annual cash flow reaches $8,622/yr on $217,140 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $4,259/yr while 5% annual appreciation supports $182,346 over five years. Portfolio math shows five-year ROI at 125.5% and total cumulative return in cash at $272,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,098/mo property income against a $3,230/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33412, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,756 (100%) |
| Owner Occupied HU | 6,514 (84.0%) |
| Renter Occupied HU | 647 ( 8.3%) |
| Vacant Housing Units | 595 ( 7.7%) |
| Median Home Value | $634,108 |
| Average Home Value | $726,792 |
Housing Distribution
Address Breakdown
Residential
7,255
Single Family
7,158
Multi-Family
97
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ilema Ramirez Altuna • Partnership Realty Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11122235