1815 Waldorf DriveRoyal Palm BeachFL33411
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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 Royal Palm Beach at 1815 Waldorf Drive, Royal Palm Beach, FL, 33411 priced at $799,000 converts $5,551/mo rent into $248/mo cash flow after a $3,911/mo obligation. Total monthly income equals $5,551/mo, and annual cash flow totals $2,981/yr on $262,871 invested. Return on cash invested prints 21.19% in year one, and rental yield reads 8.34% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 110.29% and total cumulative return in cash sums $289,926. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,551/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Single Family
Built in 2003
8,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Antonina Brawner • Palm Beach RE Professionals
Mls Name: BeachesMLS
Mls ID: #RX-11090434