








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Wellington at 15820 Binks Pointe Terrace, Wellington, FL, 33414 generates $3,400/mo in rent, after a $3,279/mo payment. Total monthly income is $3,400/mo. Return on cash invested sits at 11.2% in year one, and rental yield is 6.09% on a $669,900 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation builds toward $185,081 over five years. Five-year ROI reaches 57.88% and total cumulative return in cash sums $127,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,400/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
5,271 sqft lot
$N/A/sqft
$525 monthly HOA
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Listed for sale | $669,900 |
| 2020-06-10 | Sold | $421,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $6629.00 | 2.62% | $358,090 | 3.00% |
| 2022-02-14 | $6460.00 | 1.37% | $347,660 | 3.00% |
| 2021-02-14 | $6373.00 | 378.99% | $337,534 | 513.70% |



Listed by: Richard Keeperman • Du Cap Realty Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11054635
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.