142 Norwich FWest 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
Investment property for sale in West Palm Beach at 142 Norwich F, West Palm Beach, FL, 33417 listed at $105,000 pairs $788/mo rent with a $514/mo payment to leave $91/mo cash flow. Total monthly income runs $788/mo, and annual cash flow reaches $1,093/yr on $34,808 cash to close. Return on cash invested measures 23.05% in year one, and rental yield registers 9.01% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 120.43% and total cumulative return in cash totals $41,918. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $788/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
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: Jeffrey L Tricoli • KW Reserve Palm Beach
Mls Name: BeachesMLS
Mls ID: #RX-11153089