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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% |
Rental property for sale in West Palm Beach at 2641 W Gately Dr W #1002, West Palm Beach, FL, 33415 generates $2,520/mo in rent, after a $1,542/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 18.73% in year one, and rental yield is 9.6% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 99.34% and total cumulative return in cash sums $103,733. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$532 monthly HOA
Neighborhood data shown for ZIP Code: 33415, West Palm Beach, FL area.
| 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 |
Residential
18,999
Single Family
11,552
Multi-Family
7,447
Businesses
728
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Natalie West • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11731739
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.
