2806 Veronia Drive #301Palm Beach GardensFL33410
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 Palm Beach Gardens at 2806 Veronia Drive #301, Palm Beach Gardens, FL, 33410 earns $165/mo cash flow from $2,222/mo rent with a $1,517/mo payment. Total monthly income totals $2,222/mo, and annual cash flow totals $1,981/yr on $102,765 capital. ROI tracks 21.84% on current figures, and rental yield reads 8.6% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 113.81% and total cumulative return in cash sums $116,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,222/mo property income instead of your 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mandy Sze Wan Chan • Premier Brokers International
Mls Name: BeachesMLS
Mls ID: #RX-11153765