2641 Gately Dr W APT 1003West Palm BeachFL33415
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2641 Gately Dr W APT 1003, West Palm Beach, FL, 33415 listed at $225,400 pairs $2,784/mo rent with a $1,103/mo payment to leave $829/mo cash flow. Total monthly income runs $2,784/mo, and annual cash flow reaches $9,950/yr on $74,720 cash to close. Return on cash invested measures 33.22% in year one, and rental yield registers 14.82% at a $225,400 basis. Equity gained on principal adds $1,454/yr, and annual property appreciation at 5% supports $62,274 by year five. Five-year ROI tracks 177.56% and total cumulative return in cash totals $132,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,784/mo property income relative to a $1,103/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
16.74 Acres lot
$N/A/sqft
$365 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A