1829 Fairview Villa Drive #2Palm SpringsFL33406
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 Springs at 1829 Fairview Villa Drive #2, Palm Springs, FL, 33406 earns $249/mo cash flow from $1,570/mo rent with a $974/mo payment. Total monthly income totals $1,570/mo, and annual cash flow totals $2,993/yr on $65,969 capital. ROI tracks 24.45% on current figures, and rental yield reads 9.47% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 127.82% and total cumulative return in cash sums $84,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,570/mo property income instead of your personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison Buechner • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #RX-11126474