2924 SW Westlake CirPalm CityFL34990
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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 City at 2924 SW Westlake Cir, Palm City, FL, 34990 with 5% annual appreciation on a $385,000 basis while $3,163/mo rent supports operations. 75% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 9.86%. Five-year ROI measures 104.74% and total cumulative return in cash totals $133,678. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,163/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
N/A lot
$N/A/sqft
$625 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34990, Palm City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,522 (100%) |
| Owner Occupied HU | 11,658 (80.3%) |
| Renter Occupied HU | 1,657 (11.4%) |
| Vacant Housing Units | 1,207 ( 8.3%) |
| Median Home Value | $596,592 |
| Average Home Value | $663,824 |
Housing Distribution
Address Breakdown
Residential
14,123
Single Family
13,161
Multi-Family
962
Businesses
694
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Listed by: Diane Lott • Paradise Found Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11723037
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.