1705 Forest Lakes Cir APT AWest Palm BeachFL33406
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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
Investment property for sale in West Palm Beach at 1705 Forest Lakes Cir APT A, West Palm Beach, FL, 33406 earns $381/mo cash flow from $3,230/mo rent with a $1,713/mo payment. Total monthly income totals $3,230/mo, and annual cash flow totals $4,575/yr on $116,025 capital. ROI tracks 23.85% on current figures, and rental yield reads 11.07% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 126.56% and total cumulative return in cash sums $146,846. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,230/mo property income instead of your personal income.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$1,296 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33406, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,033 (100%) |
| Owner Occupied HU | 6,314 (62.9%) |
| Renter Occupied HU | 3,162 (31.5%) |
| Vacant Housing Units | 557 ( 5.6%) |
| Median Home Value | $446,327 |
| Average Home Value | $529,750 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
8,121
Multi-Family
1,520
Businesses
764
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Listed by: Cristian Montero • London Foster Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11863817
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.