2811 Grande Parkway #105Palm 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 2811 Grande Parkway #105, Palm Beach Gardens, FL, 33410 earns $577/mo cash flow from $2,401/mo rent with a $1,346/mo payment. Total monthly income totals $2,401/mo, and annual cash flow totals $6,927/yr on $91,129 capital. ROI tracks 27.51% on current figures, and rental yield reads 10.48% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 144.22% and total cumulative return in cash sums $131,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,401/mo property income instead of your personal income.
Condo
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: Tatyana N Dan • Premier Brokers International
Mls Name: BeachesMLS
Mls ID: #RX-11131293