Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in West Palm Beach at 302 Norwich M #302, West Palm Beach, FL, 33417 listed at $114,000 pairs $875/mo rent with a $558/mo payment to leave $118/mo cash flow. Total monthly income runs $875/mo, and annual cash flow reaches $1,421/yr on $37,791 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 9.21% at a $114,000 basis. Equity gained on principal adds $736/yr, and annual property appreciation at 5% supports $31,496 by year five. Five-year ROI tracks 123.67% and total cumulative return in cash totals $46,735. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $875/mo property income relative to a $558/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle R Derrin • Masters Real Estate Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11106080
