1510 Running Oak LaneRoyal 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 Royal Palm Beach at 1510 Running Oak Lane, Royal Palm Beach, FL, 33411 listed at $579,000 pairs $4,193/mo rent with a $2,834/mo payment to leave $351/mo cash flow. Total monthly income runs $4,193/mo, and annual cash flow reaches $4,207/yr on $190,491 cash to close. Return on cash invested measures 22.27% in year one, and rental yield registers 8.69% at a $579,000 basis. Equity gained on principal adds $3,736/yr, and annual property appreciation at 5% supports $159,967 by year five. Five-year ROI tracks 116.07% and total cumulative return in cash totals $221,095. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,193/mo property income relative to a $2,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
5,067 sqft 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: Eleanor Elizabeth Capron • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11155136