2901 Lakemont CourtPalm Beach GardensFL33403
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 Palm Beach Gardens at 2901 Lakemont Court, Palm Beach Gardens, FL, 33403 earns $212/mo cash flow from $2,700/mo rent with a $1,835/mo payment. Total monthly income totals $2,700/mo, and annual cash flow totals $2,542/yr on $124,313 capital. ROI tracks 21.95% on current figures, and rental yield reads 8.64% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 114.39% and total cumulative return in cash sums $142,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,700/mo property income instead of your personal income.
Single Family
Built in 1991
2,047 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33403, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 2,923 (48.5%) |
| Renter Occupied HU | 2,738 (45.4%) |
| Vacant Housing Units | 365 ( 6.1%) |
| Median Home Value | $415,625 |
| Average Home Value | $486,190 |
Housing Distribution
Address Breakdown
Residential
5,408
Single Family
4,511
Multi-Family
897
Businesses
999
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Egizio • Real Estate of Florida
Mls Name: BeachesMLS
Mls ID: #RX-11133472