2804 Waters Edge CircleGreenacresFL33413
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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 Greenacres at 2804 Waters Edge Circle, Greenacres, FL, 33413 offers a 10.98% rental yield on a $519,000 purchase with $4,750/mo rent. Total monthly income registers $4,750/mo, and a $2,540/mo payment leaves $1,306/mo available for distribution. Annual cash flow reaches $15,673/yr on $170,751 to close, and return on cash invested stands at 29.24% in year one. Equity gained on principal adds $3,349/yr while 5% annual appreciation supports $143,390 over five years. Portfolio math shows five-year ROI at 153.45% and total cumulative return in cash at $262,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,750/mo property income against a $2,540/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33413, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,005 (58.2%) |
| Renter Occupied HU | 2,561 (37.2%) |
| Vacant Housing Units | 318 ( 4.6%) |
| Median Home Value | $464,235 |
| Average Home Value | $583,542 |
Housing Distribution
Address Breakdown
Residential
6,101
Single Family
4,884
Multi-Family
1,217
Businesses
276
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Listed by: Lilianna Gizynski • Homesellers Realty Inc
Mls Name: BeachesMLS
Mls ID: #RX-11106161