15 Bedford A #15West Palm BeachFL33411
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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 15 Bedford A #15, West Palm Beach, FL, 33411 uses $59,637 cash to close to unlock $2,852/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,432/mo, and a $881/mo payment keeps the spread at $238/mo. Purchase price stands at $179,900, and rental yield measures 9.55% with $1,432/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 129.1% and total cumulative return in cash records $76,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,432/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Ashraf M Michael • Oasis Florida Properties
Mls Name: BeachesMLS
Mls ID: #RX-11126331