1401 Village Blvd APT 1128West Palm BeachFL33409
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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
Total monthly income runs $1,456/mo, and a $1,028/mo payment. Purchase price stands at $210,000, and rental yield measures 8.32% with $1,456/mo rent. Return on cash invested shows 9.14% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 50.03% and total cumulative return in cash records $34,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,456/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$596 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33409, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,274 (100%) |
| Owner Occupied HU | 5,595 (39.2%) |
| Renter Occupied HU | 7,596 (53.2%) |
| Vacant Housing Units | 1,083 ( 7.6%) |
| Median Home Value | $369,591 |
| Average Home Value | $519,718 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
7,927
Multi-Family
4,695
Businesses
1,880
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Listed by: Maria Marianeschi • Binter Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11689726
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.