18 Berwick RoadPalm 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 18 Berwick Road, Palm Beach Gardens, FL, 33418 priced at $1,189,000 pairs $4,033/mo rent with after a $5,820/mo payment. Total monthly income equals $4,033/mo. Return on cash invested is 8.35% in year one, and rental yield stands at 4.07% on a $1,189,000 basis. Equity gained on principal adds $7,672/yr, and 5% annual appreciation accumulates to $328,499 by year five. Five-year ROI measures 41.38% and total cumulative return in cash reaches $159,410. For financing, Ziffy Mortgage’s DSCR program evaluates $4,033/mo property income against a $5,820/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
0.29 Acres 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: Marc E Schafler • The Keyes Company (PBG)
Mls Name: BeachesMLS
Mls ID: #RX-11133609