212 Easthampton IWest Palm BeachFL33417
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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
Rental property for sale in West Palm Beach at 212 Easthampton I, West Palm Beach, FL, 33417 priced at $104,500 converts $787/mo rent into after a $511/mo obligation. Total monthly income equals $787/mo. Return on cash invested prints 3.66% in year one, and rental yield reads 9.04% against a $104,500 entry. Equity gained on principal adds $674/yr, while 5% annual appreciation compiles into $28,871 by year five. Five-year ROI reaches 23.38% and total cumulative return in cash sums $8,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $787/mo property income covering a $511/mo payment, not borrower’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$529 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Housing Distribution
Address Breakdown
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
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Listed by: Alyssa Gorman • VantaSure Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11045071
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.