1350 Periwinkle PlaceWellingtonFL33414
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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 Wellington at 1350 Periwinkle Place, Wellington, FL, 33414 offers a 8.02% rental yield on a $355,000 purchase with $2,372/mo rent. Total monthly income registers $2,372/mo, and a $1,738/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $189/yr on $117,683 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 104.29% and total cumulative return in cash at $122,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,372/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
3,036 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
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Listed by: Keith McPherson • Blue View Real Estate
Mls Name: BeachesMLS
Mls ID: #RX-11149626