2775 Clipper CircleWest Palm BeachFL33411
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 2775 Clipper Circle, West Palm Beach, FL, 33411 offers a 8.39% rental yield on a $457,000 purchase with $3,196/mo rent. Total monthly income registers $3,196/mo, and a $2,237/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,957/yr on $151,496 to close, and return on cash invested stands at 21.2% in year one. Equity gained on principal adds $2,949/yr while 5% annual appreciation supports $126,261 over five years. Portfolio math shows five-year ROI at 110.38% and total cumulative return in cash at $167,215. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,196/mo property income against a $2,237/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey M Taylor • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11153109