162 Coventry G, West Palm Beach, FL, 33418 | $93/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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162 Coventry G, West Palm Beach, FL, 33418 | $93/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in West Palm Beach at 162 Coventry G, West Palm Beach, FL, 33418 offers a 9.07% rental yield on a $100,000 purchase with $756/mo rent. Total monthly income registers $756/mo, and a $489/mo payment leaves $93/mo available for distribution. Annual cash flow reaches $1,114/yr on $33,150 to close, and return on cash invested stands at 23.27% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 121.46% and total cumulative return in cash at $40,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $756/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1969

N/A lot

$N/A/sqft

No HOA

More details about the property

MOVE RIGHT IN TO THIS NEWLY RENOVATED FURNISHED 2 BED 1 BATH 2ND FLOOR CONDO IN CENTURY VILLAGE, GATED COMMUNITY FOR ACTIVE 55+ ADULTS.. THIS HOME BOASTS NEW CENTRAL AIR, NEW HOT WATER HEATER , NEW ELECTRICAL PANEL AND RECESSED LIGHTING. THERE IS NEW CENTRAL AIR CONDITIONING AS WELL AS WALL IN UNITS.HIGH END FURNISHINGS ADD A TOUCH OF ELEGANCE. WELL MANAGED ASSOCIATION.Roomy closets (one walk-in), laundry room, assigned parking spot plus visitor parking available; local bus for errands/shopping both within & outside THE VILLAGE .CONVENIENTLY LOCATED CLOSE TO THE HAVERHILL GATE AS WELL AS THE CLUBHOUSE. COME AND ENJOY RESORT STYLE LIVING . CLUBHOUSE features a theater, indoor pool, card room, community/party room, billiard room ,shuffle board ,tennis , pickqleball ,bocce and two outdoor outdoor pools. Numerous heated outdoor pools throughout the community. Separate fitness center with gym , outdoor heated pool and a resistance pool. Two guarded gates and 24 hour roving security patrol. GREAT LOCATION: close to shops, restaurants, PBI airport and beaches.

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