12878 77th Pl N #NWest Palm BeachFL33412
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 12878 77th Pl N #N, West Palm Beach, FL, 33412 in West Palm Beach: $6,543/mo in rent, $1,035/mo in net income, 9.46% gross yield, 1.75 DSCR, all at $830,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $229,314 in appreciation and $7,644/yr in principal paydown projects total cumulative return of $382,962.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $1,035 | $1,200 |
City averages based on West Palm Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,543 |
| Total Monthly Debt Service | $5,178 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
1.15 Acres 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
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
Single Family
Built in 1998
1.15 Acres 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: Yakalis Colon • One Sotheby's International Re
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11656809
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