148 Heritage WayWest Palm BeachFL33407
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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 148 Heritage Way, West Palm Beach, FL, 33407 with 5% annual appreciation on a $319,900 basis while $2,416/mo rent supports operations. Total monthly income totals $2,416/mo and a $1,566/mo payment preserves $293/mo for cash returns. Annual cash flow comes to $3,514/yr on $106,047 deployed, and return on cash invested reaches 23.22% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 9.06%. Five-year ROI measures 121.2% and total cumulative return in cash totals $128,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,416/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1984
1,346 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33407, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,707 (100%) |
| Owner Occupied HU | 6,077 (38.7%) |
| Renter Occupied HU | 7,818 (49.8%) |
| Vacant Housing Units | 1,812 (11.5%) |
| Median Home Value | $345,745 |
| Average Home Value | $453,369 |
Housing Distribution
Address Breakdown
Residential
13,884
Single Family
9,698
Multi-Family
4,186
Businesses
1,707
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Listed by: Zach McCarthy • DJ & Lindsey Real Estate
Mls Name: BeachesMLS
Mls ID: #RX-11143709