1961 Freeport Ln #0West Palm BeachFL33404
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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 1961 Freeport Ln #0, West Palm Beach, FL, 33404 offers a 10.64% rental yield on a $235,000 purchase with $2,084/mo rent. Total monthly income registers $2,084/mo, and a $1,150/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $465/yr on $77,903 to close, and return on cash invested stands at 20.51% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 109.34% and total cumulative return in cash at $85,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,084/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$486 monthly HOA
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Listed by: Marcelo Oliveira • Florida Select Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11677997
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.