215 W Blue Heron BlvdWest 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
Rental property for sale in West Palm Beach at 215 W Blue Heron Blvd, West Palm Beach, FL, 33404 offers $3,810/mo rent that, after a $9,765/mo payment. Total monthly income is $3,810/mo. Return on cash invested measures 2.86% in year one, and rental yield stands at 2.29% at a $1,995,000 entry. Equity gained on principal adds $12,873/yr while 5% annual appreciation compounds into $551,182 by year five. Five-year ROI records 11.94% and total cumulative return in cash reaches $77,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,810/mo property income versus a $9,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: George Fonyam • Area Realty Team
Mls Name: MIAMI
Mls ID: #A11931907