2622 Emory Dr E APT IWest Palm BeachFL33415
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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 2622 Emory Dr E APT I, West Palm Beach, FL, 33415 with 5% annual appreciation on a $114,900 basis while $1,808/mo rent supports operations. Total monthly income totals $1,808/mo and a $562/mo payment preserves $726/mo for cash returns. Annual cash flow comes to $8,711/yr on $38,089 deployed, and return on cash invested reaches 42.78% in year one. Equity gained on principal adds $741/yr, and five-year appreciation sums $31,745 alongside rental yield of 18.88%. Five-year ROI measures 229.74% and total cumulative return in cash totals $87,506.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,808/mo property income versus a $562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
N/A lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33415, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,027 (100%) |
| Owner Occupied HU | 11,193 (55.9%) |
| Renter Occupied HU | 7,425 (37.1%) |
| Vacant Housing Units | 1,409 ( 7.0%) |
| Median Home Value | $295,757 |
| Average Home Value | $389,449 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
11,552
Multi-Family
7,447
Businesses
728
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Listed by: Taylor Matos Filho • Zohrer Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11651097
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.