3000 Springdale Boulevard #V303Palm SpringsFL33461
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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 Springs at 3000 Springdale Boulevard #V303, Palm Springs, FL, 33461 earns $123/mo cash flow from $853/mo rent with a $538/mo payment. Total monthly income totals $853/mo, and annual cash flow totals $1,481/yr on $36,465 capital. ROI tracks 23.97% on current figures, and rental yield reads 9.31% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 125.31% and total cumulative return in cash sums $45,696. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $853/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
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Listed by: Michele Bellisari • Real Broker, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11138002