129 Lehane Terrace #131North Palm BeachFL33408
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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 North Palm Beach at 129 Lehane Terrace #131, North Palm Beach, FL, 33408 listed at $350,000 pairs $2,438/mo rent with a $1,713/mo payment to leave $115/mo cash flow. Total monthly income runs $2,438/mo, and annual cash flow reaches $1,385/yr on $116,025 cash to close. Return on cash invested measures 21.1% in year one, and rental yield registers 8.36% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 109.85% and total cumulative return in cash totals $127,454. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,438/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
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
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Listed by: Kevin M Spina • The Keyes Company (PBG)
Mls Name: BeachesMLS
Mls ID: #RX-11133912