1721 Village Blvd APT 104West Palm BeachFL33409
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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 1721 Village Blvd APT 104, West Palm Beach, FL, 33409 uses $70,278 cash to close to unlock $1,137/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $1,038/mo payment keeps the spread at $95/mo. Purchase price stands at $212,000, and rental yield measures 8.5% with $1,502/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 112.13% and total cumulative return in cash records $78,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $1,038/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33409, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,274 (100%) |
| Owner Occupied HU | 5,595 (39.2%) |
| Renter Occupied HU | 7,596 (53.2%) |
| Vacant Housing Units | 1,083 ( 7.6%) |
| Median Home Value | $369,591 |
| Average Home Value | $519,718 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
7,927
Multi-Family
4,695
Businesses
1,880
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Listed by: Vilmary Olaciregui • Me Realty Group LLC
Mls Name: MIAMI
Mls ID: #A11923153