2833 Crosley Drive W #CWest Palm BeachFL33415
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 West Palm Beach at 2833 Crosley Drive W #C, West Palm Beach, FL, 33415 with 5% annual appreciation on a $130,000 basis while $1,014/mo rent supports operations. Total monthly income totals $1,014/mo and a $636/mo payment preserves $152/mo for cash returns. Annual cash flow comes to $1,819/yr on $43,095 deployed, and return on cash invested reaches 24.13% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 9.36%. Five-year ROI measures 126.09% and total cumulative return in cash totals $54,339.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,014/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33415, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,027 (100%) |
| Owner Occupied HU | 11,193 (55.9%) |
| Renter Occupied HU | 7,425 (37.1%) |
| Vacant Housing Units | 1,409 ( 7.0%) |
| Median Home Value | $295,757 |
| Average Home Value | $389,449 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
11,552
Multi-Family
7,447
Businesses
728
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Ferrer • LAER Realty Partners Bowen/WPB
Mls Name: BeachesMLS
Mls ID: #RX-11148470