251 Saratoga Blvd ERoyal Palm BeachFL33411
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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 Royal Palm Beach at 251 Saratoga Blvd E, Royal Palm Beach, FL, 33411 priced at $610,000 pairs $4,481/mo rent with $249/mo cash flow after a $2,986/mo payment. Total monthly income equals $4,481/mo, and annual cash flow comes to $2,983/yr on $200,690 invested. Return on cash invested is 21.55% in year one, and rental yield stands at 8.82% on a $610,000 basis. Equity gained on principal adds $3,936/yr, and 5% annual appreciation accumulates to $168,532 by year five. Five-year ROI measures 112.58% and total cumulative return in cash reaches $225,943. For financing, Ziffy Mortgage’s DSCR program evaluates $4,481/mo property income against a $2,986/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.27 Acres lot
$N/A/sqft
$552 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Zoha Hopps • Keller Williams Realty Service
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11763322
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.