159 Cypress Point DrivePalm 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
Rental property for sale in Palm Beach Gardens at 159 Cypress Point Drive, Palm Beach Gardens, FL, 33418 priced at $189,999 pairs $1,444/mo rent with $183/mo cash flow after a $930/mo payment. Total monthly income equals $1,444/mo, and annual cash flow comes to $2,197/yr on $62,985 invested. Return on cash invested is 23.4% in year one, and rental yield stands at 9.12% on a $189,999 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,493 by year five. Five-year ROI measures 122.22% and total cumulative return in cash reaches $76,980. For financing, Ziffy Mortgage’s DSCR program evaluates $1,444/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
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: Michael L Leibowitz • Leibowitz Realty Group, LLC./PBG
Mls Name: BeachesMLS
Mls ID: #RX-11146823