2716 Emory Drive E #BWest 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
Rental property for sale in West Palm Beach at 2716 Emory Drive E #B, West Palm Beach, FL, 33415 priced at $129,900 converts $1,041/mo rent into $179/mo cash flow after a $636/mo obligation. Total monthly income equals $1,041/mo, and annual cash flow totals $2,145/yr on $43,062 invested. Return on cash invested prints 24.89% in year one, and rental yield reads 9.62% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 130.16% and total cumulative return in cash sums $56,047. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,041/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1973
N/A lot
$N/A/sqft
No 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: Robert Ferrer • LAER Realty Partners Bowen/WPB
Mls Name: BeachesMLS
Mls ID: #RX-11077851