1967 Marsh Harbor Dr #313West Palm BeachFL33404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 1967 Marsh Harbor Dr #313, West Palm Beach, FL, 33404 in West Palm Beach is narrow, $134/mo net on $1,784/mo rent after the $877/mo debt service, but the property operates at break-even-plus, not a loss. At $195,000 with a 10.98% yield, the long-run equity case via 5% appreciation ($53,875 over five years) and $1,796/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.03 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $84,505.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $134 | $1,200 |
City averages based on West Palm Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,784 |
| Total Monthly Debt Service | $1,572 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
N/A lot
$N/A/sqft
$356 monthly HOA
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
Condo
Built in 2006
N/A lot
$N/A/sqft
$356 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cristian Caceres • Ojeda Lazar Real Estate Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11709739
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