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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $1,980/mo, and a $1,757/mo payment. Purchase price stands at $359,000, and rental yield measures 6.62% with $1,980/mo rent. Return on cash invested shows 10.76% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 56.21% and total cumulative return in cash records $66,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$505 monthly HOA
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
| 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 |
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
Date | Event | Price |
|---|---|---|
| 2024-05-15 | Price change | $359,000 |
| 2024-02-20 | Price change | $369,000 |
| 2023-11-02 | Listed for sale | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $428.00 | 3.63% | $32,769 | 3.00% |
| 2022-12-26 | $413.00 | 8.97% | $31,815 | 3.00% |
| 2021-12-26 | $379.00 | 2.90% | $30,888 | 1.40% |
Listed by: Aaron Rose • Re/Max Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10932868
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.
