1891 Ridge RoadNorth Palm BeachFL33408
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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 North Palm Beach at 1891 Ridge Road, North Palm Beach, FL, 33408 at $650,000 posts ROI 21.03% with $173/mo cash flow from $4,486/mo rent. Total monthly income equals $4,486/mo, and annual cash flow records $2,075/yr on $213,850 to close. Return on cash invested measures 21.03% and rental yield reads 8.28% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 109.41% and total cumulative return in cash totals $233,978.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,486/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33408, North Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 7,367 (58.0%) |
| Renter Occupied HU | 2,617 (20.6%) |
| Vacant Housing Units | 2,707 (21.3%) |
| Median Home Value | $702,045 |
| Average Home Value | $877,462 |
Housing Distribution
Address Breakdown
Residential
11,371
Single Family
5,958
Multi-Family
5,413
Businesses
1,371
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Listed by: Claudia Gonzalez Carrera • Partnership Realty Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11147816