1301 Waterview CirclePalm SpringsFL33461
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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 Palm Springs at 1301 Waterview Circle, Palm Springs, FL, 33461 earns $472/mo cash flow from $2,407/mo rent with a $974/mo payment. Total monthly income totals $2,407/mo, and annual cash flow totals $5,666/yr on $65,969 capital. ROI tracks 28.5% on current figures, and rental yield reads 14.51% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 153.59% and total cumulative return in cash sums $101,322. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,407/mo property income instead of your personal income.
Single Family
Built in 1985
1,163 sqft lot
$N/A/sqft
$438 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
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Listed by: Abbey Adair • Century 21 Realty Professionals
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11095593
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.