218 Isle Verde WayPalm Beach GardensFL33418
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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 Palm Beach Gardens at 218 Isle Verde Way, Palm Beach Gardens, FL, 33418 with 5% annual appreciation on a $875,000 basis while $7,088/mo rent supports operations. Total monthly income totals $7,088/mo and a $4,283/mo payment preserves $1,281/mo for cash returns. Annual cash flow comes to $15,372/yr on $287,875 deployed, and return on cash invested reaches 25.4% in year one. Equity gained on principal adds $5,646/yr, and five-year appreciation sums $241,746 alongside rental yield of 9.72%. Five-year ROI measures 132.86% and total cumulative return in cash totals $382,475.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,088/mo property income versus a $4,283/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
5,769 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33418, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 16,453 (70.1%) |
| Renter Occupied HU | 4,410 (18.8%) |
| Vacant Housing Units | 2,611 (11.1%) |
| Median Home Value | $742,009 |
| Average Home Value | $890,923 |
Housing Distribution
Address Breakdown
Residential
22,155
Single Family
16,257
Multi-Family
5,898
Businesses
508
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Listed by: Candice Kirkland • Sutter & Nugent LLC
Mls Name: BeachesMLS
Mls ID: #RX-11151757