3000 Presidential Way APT 101West Palm BeachFL33401
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 West Palm Beach at 3000 Presidential Way APT 101, West Palm Beach, FL, 33401 uses $85,527 cash to close to unlock $200/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $1,729/mo, and a $1,263/mo payment keeps the spread at $17/mo. Purchase price stands at $258,000, and rental yield measures 8.04% with $1,729/mo rent. Return on cash invested shows 20.14% in year one, and 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 104.7% and total cumulative return in cash records $89,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,729/mo property income covering a $1,263/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A