187 Santa Barbara WayPalm Beach GardensFL33410
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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 Palm Beach Gardens at 187 Santa Barbara Way, Palm Beach Gardens, FL, 33410 at $510,000 posts ROI 24.68% with $646/mo cash flow from $4,030/mo rent. Total monthly income equals $4,030/mo, and annual cash flow records $7,749/yr on $167,790 to close. Return on cash invested measures 24.68% and rental yield reads 9.48% at the current $510,000. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 by year five. Five-year ROI prints 128.98% and total cumulative return in cash totals $216,411.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,030/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2001
2,836 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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Listed by: Charity Lucas • Sutter & Nugent LLC
Mls Name: BeachesMLS
Mls ID: #RX-11140605