1970 Monks Ct, West Palm Beach, FL, 33415 | $562/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1970 Monks Ct, West Palm Beach, FL, 33415 | $562/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in West Palm Beach at 1970 Monks Ct, West Palm Beach, FL, 33415 offers a 10.25% rental yield on a $295,000 purchase with $2,520/mo rent. Total monthly income registers $2,520/mo, and a $1,444/mo payment leaves $562/mo available for distribution. Annual cash flow reaches $6,747/yr on $97,793 to close, and return on cash invested stands at 26.81% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 140.45% and total cumulative return in cash at $137,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

A spacious, light-filled 3-bedroom, 2-bath home nestled in a peaceful neighborhood. This charming community is known for its safety and close-knit feel, with a single entrance and exit that adds to its quiet, residential character. Most homes are owner-occupied, creating a welcoming and neighborly atmosphere.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33415, West Palm Beach, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,027 (100%)
Owner Occupied HU	11,193 (55.9%)
Renter Occupied HU	7,425 (37.1%)
Vacant Housing Units	1,409 ( 7.0%)
Median Home Value	$295,757
Average Home Value	$389,449