168 Cypress Point DrivePalm Beach GardensFL33418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palm Beach Gardens at 168 Cypress Point Drive, Palm Beach Gardens, FL, 33418 at $159,888 posts ROI 23.75% with $170/mo cash flow from $1,231/mo rent. Total monthly income equals $1,231/mo, and annual cash flow records $2,034/yr on $53,003 to close. Return on cash invested measures 23.75% and rental yield reads 9.24% at the current $159,888. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,174 by year five. Five-year ROI prints 124.07% and total cumulative return in cash totals $65,762.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,231/mo property income rather than your personal income records (W2s, Paystubs, and 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric C Pruitt • RE/MAX Select Group
Mls Name: BeachesMLS
Mls ID: #RX-11129336