2601 Village Boulevard #404West Palm BeachFL33409
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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 2601 Village Boulevard #404, West Palm Beach, FL, 33409 earns $56/mo cash flow from $1,636/mo rent with a $1,165/mo payment. Total monthly income totals $1,636/mo, and annual cash flow totals $678/yr on $78,897 capital. ROI tracks 20.77% on current figures, and rental yield reads 8.25% at a $238,000 purchase. Equity gained on principal adds $1,536/yr, and 5% annual appreciation supports $65,755 over five years. Five-year ROI reaches 108.06% and total cumulative return in cash sums $85,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,636/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33409, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,274 (100%) |
| Owner Occupied HU | 5,595 (39.2%) |
| Renter Occupied HU | 7,596 (53.2%) |
| Vacant Housing Units | 1,083 ( 7.6%) |
| Median Home Value | $369,591 |
| Average Home Value | $519,718 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
7,927
Multi-Family
4,695
Businesses
1,880
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Listed by: Matthew Lemon • Lemon Drop Realty
Mls Name: BeachesMLS
Mls ID: #RX-11098183