2691 Cypress Island DrivePalm Beach GardensFL33410
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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 Palm Beach Gardens at 2691 Cypress Island Drive, Palm Beach Gardens, FL, 33410 listed at $1,190,000 pairs $5,808/mo rent with a $5,824/mo payment. Total monthly income runs $5,808/mo. Return on cash invested measures 13.87% in year one, and rental yield registers 5.86% at a $1,190,000 basis. Equity gained on principal adds $7,679/yr, and annual property appreciation at 5% supports $328,775 by year five. Five-year ROI tracks 70.96% and total cumulative return in cash totals $273,592. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,808/mo property income relative to a $5,824/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1988
5,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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Listed by: Jane E Culliford • Polo Group Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11131084