2845 Crosley Drive E UNIT DWest Palm BeachFL33415
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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 West Palm Beach at 2845 Crosley Drive E UNIT D, West Palm Beach, FL, 33415 listed at $131,900 pairs $1,819/mo rent with a $646/mo payment to leave $552/mo cash flow. Total monthly income runs $1,819/mo, and annual cash flow reaches $6,623/yr on $43,725 cash to close. Return on cash invested measures 35.06% in year one, and rental yield registers 16.55% at a $131,900 basis. Equity gained on principal adds $851/yr, and annual property appreciation at 5% supports $36,442 by year five. Five-year ROI tracks 188.57% and total cumulative return in cash totals $82,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,819/mo property income relative to a $646/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
N/A lot
$N/A/sqft
$376 monthly 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
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Listed by: Heidi Johnson • Real Estate of Florida
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10991997
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.