273 Florida Mango RoadWest Palm BeachFL33406
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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
Rental property for sale in West Palm Beach at 273 Florida Mango Road, West Palm Beach, FL, 33406 offers $4,418/mo rent that, after a $2,437/mo payment, leaves $1,114/mo cash flow. Total monthly income is $4,418/mo, and annual cash flow is $13,364/yr on $165,087 cash. Return on cash invested measures 28% in year one, and rental yield stands at 10.65% at a $498,000 entry. Equity gained on principal adds $3,214/yr while 5% annual appreciation compounds into $137,588 by year five. Five-year ROI records 146.84% and total cumulative return in cash reaches $242,416. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,418/mo property income versus a $2,437/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33406, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,033 (100%) |
| Owner Occupied HU | 6,314 (62.9%) |
| Renter Occupied HU | 3,162 (31.5%) |
| Vacant Housing Units | 557 ( 5.6%) |
| Median Home Value | $446,327 |
| Average Home Value | $529,750 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
8,121
Multi-Family
1,520
Businesses
764
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Listed by: Megan Dunn • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11095506