2926 Ashley Dr E APT 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
Rental property for sale in West Palm Beach at 2926 Ashley Dr E APT D, West Palm Beach, FL, 33415 priced at $115,000 converts $985/mo rent into after a $563/mo obligation. Total monthly income equals $985/mo. Return on cash invested prints 11.8% in year one, and rental yield reads 10.28% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 65.47% and total cumulative return in cash sums $24,957. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $985/mo property income covering a $563/mo payment, not borrower’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$445 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: Diane Hebler • Marzucco Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11689050
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.