2807 Veronia Drive #106Palm 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 2807 Veronia Drive #106, Palm Beach Gardens, FL, 33410 earns $371/mo cash flow from $3,590/mo rent with a $2,374/mo payment. Total monthly income totals $3,590/mo, and annual cash flow totals $4,455/yr on $160,778 capital. ROI tracks 22.68% on current figures, and rental yield reads 8.88% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 118.31% and total cumulative return in cash sums $190,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,590/mo property income instead of your personal income.
Townhouse
Built in 2003
N/A 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: Rose Lannquist • Silverleaf Realty Group
Mls Name: BeachesMLS
Mls ID: #RX-11129381