2860 Wilderness RdWest Palm BeachFL33409
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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 2860 Wilderness Rd, West Palm Beach, FL, 33409 listed at $789,999 pairs $4,567/mo rent with a $3,867/mo payment. Total monthly income runs $4,567/mo. Return on cash invested measures 16.94% in year one, and rental yield registers 6.94% at a $789,999 basis. Equity gained on principal adds $5,098/yr, and annual property appreciation at 5% supports $218,262 by year five. Five-year ROI tracks 87.49% and total cumulative return in cash totals $227,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,567/mo property income relative to a $3,867/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33409, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,274 (100%) |
| Owner Occupied HU | 5,595 (39.2%) |
| Renter Occupied HU | 7,596 (53.2%) |
| Vacant Housing Units | 1,083 ( 7.6%) |
| Median Home Value | $369,591 |
| Average Home Value | $519,718 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
7,927
Multi-Family
4,695
Businesses
1,880
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Listed by: Sky Gillespie • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #F10537392