300 S Australian Ave UNIT 403West Palm BeachFL33401
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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 300 S Australian Ave UNIT 403, West Palm Beach, FL, 33401 listed at $286,600 pairs $2,707/mo rent with a $1,403/mo payment to leave $155/mo cash flow. Total monthly income runs $2,707/mo, and annual cash flow reaches $1,855/yr on $95,008 cash to close. Return on cash invested measures 21.86% in year one, and rental yield registers 11.33% at a $286,600 basis. Equity gained on principal adds $1,849/yr, and annual property appreciation at 5% supports $79,182 by year five. Five-year ROI tracks 116.89% and total cumulative return in cash totals $111,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,707/mo property income relative to a $1,403/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2007
1 Acres lot
$N/A/sqft
$511 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33401, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,533 (100%) |
| Owner Occupied HU | 5,581 (25.9%) |
| Renter Occupied HU | 11,921 (55.4%) |
| Vacant Housing Units | 4,031 (18.7%) |
| Median Home Value | $635,286 |
| Average Home Value | $769,580 |
Housing Distribution
Address Breakdown
Residential
17,747
Single Family
6,570
Multi-Family
11,177
Businesses
2,352
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Listed by: N/A • N/A
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Mls ID: #N/A