2802 Sarento Place #203Palm 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 2802 Sarento Place #203, Palm Beach Gardens, FL, 33410 uses $115,694 cash to close to unlock $7,010/yr annual cash flow and $584/mo monthly cash flow. Total monthly income runs $2,900/mo, and a $1,708/mo payment keeps the spread at $584/mo. Purchase price stands at $349,000, and rental yield measures 9.97% with $2,900/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 135.95% and total cumulative return in cash records $157,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,900/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Condo
Built in 2003
365 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: David Chirico • Illustrated Properties LLC (Co
Mls Name: BeachesMLS
Mls ID: #RX-11145892