220 Lake Shore Drive #901West Palm BeachFL33403
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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 West Palm Beach at 220 Lake Shore Drive #901, West Palm Beach, FL, 33403 projects strong ROI of 3.25%. Rental yield 2.42%. With 5% annual appreciation, the property builds $718,056 in value over five years. Equity growth combined delivers a projected five-year ROI of 14.01%, translating into $117,965 in total cumulative return on $842,076 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2025
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33403, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 2,923 (48.5%) |
| Renter Occupied HU | 2,738 (45.4%) |
| Vacant Housing Units | 365 ( 6.1%) |
| Median Home Value | $415,625 |
| Average Home Value | $486,190 |
Housing Distribution
Address Breakdown
Residential
5,408
Single Family
4,511
Multi-Family
897
Businesses
999
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Listed by: Madisen Carrabino • Oculus Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11108369