1517 Avenue SWest Palm BeachFL33404
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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
Rental property for sale in West Palm Beach at 1517 Avenue S, West Palm Beach, FL, 33404 offers $3,300/mo rent that, after a $1,635/mo payment, leaves $1,083/mo cash flow. Total monthly income is $3,300/mo, and annual cash flow is $12,999/yr on $110,721 cash. Return on cash invested measures 31.65% in year one, and rental yield stands at 11.86% at a $334,000 entry. Equity gained on principal adds $2,155/yr while 5% annual appreciation compounds into $92,278 by year five. Five-year ROI records 166.41% and total cumulative return in cash reaches $184,254. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,300/mo property income versus a $1,635/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
4,468 sqft lot
$N/A/sqft
No HOA
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Listed by: Brett Colby • Re/Max Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11076076
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.