1924 Ware CircleWest Palm BeachFL33409
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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 West Palm Beach at 1924 Ware Circle, West Palm Beach, FL, 33409 uses $127,628 cash to close to unlock $12,066/yr annual cash flow and $1,005/mo monthly cash flow. Total monthly income runs $3,560/mo, and a $1,884/mo payment keeps the spread at $1,005/mo. Purchase price stands at $385,000, and rental yield measures 11.1% with $3,560/mo rent. Return on cash invested shows 29.36% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 154.14% and total cumulative return in cash records $196,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,560/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33409, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,274 (100%) |
| Owner Occupied HU | 5,595 (39.2%) |
| Renter Occupied HU | 7,596 (53.2%) |
| Vacant Housing Units | 1,083 ( 7.6%) |
| Median Home Value | $369,591 |
| Average Home Value | $519,718 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
7,927
Multi-Family
4,695
Businesses
1,880
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Listed by: Jeffrey L Tricoli • KW Reserve Palm Beach
Mls Name: BeachesMLS
Mls ID: #RX-11115580