13 Northampton A #AWest Palm BeachFL33417
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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
Rental property for sale in West Palm Beach at 13 Northampton A #A, West Palm Beach, FL, 33417 priced at $185,000 pairs $1,679/mo rent with $452/mo cash flow after a $905/mo payment. Total monthly income equals $1,679/mo, and annual cash flow comes to $5,421/yr on $61,328 invested. Return on cash invested is 28.75% in year one, and rental yield stands at 10.89% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 150.87% and total cumulative return in cash reaches $92,523. For financing, Ziffy Mortgage’s DSCR program evaluates $1,679/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Housing Distribution
Address Breakdown
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
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Listed by: Linda Tish • Blue Luxe Realty Inc
Mls Name: BeachesMLS
Mls ID: #RX-11151421