149 Cypress Point Dr #149Palm Beach GardensFL33418
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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 Beach Gardens at 149 Cypress Point Dr #149, Palm Beach Gardens, FL, 33418 uses $87,848 cash to close to unlock $1,158/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $1,855/mo, and a $1,297/mo payment keeps the spread at $96/mo. Purchase price stands at $265,000, and rental yield measures 8.4% with $1,855/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 110.53% and total cumulative return in cash records $97,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,855/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33418, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 16,453 (70.1%) |
| Renter Occupied HU | 4,410 (18.8%) |
| Vacant Housing Units | 2,611 (11.1%) |
| Median Home Value | $742,009 |
| Average Home Value | $890,923 |
Housing Distribution
Address Breakdown
Residential
22,155
Single Family
16,257
Multi-Family
5,898
Businesses
508
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Listed by: Kyle Gibson • Dalton Wade Inc
Mls Name: MIAMI
Mls ID: #A11938253