305 Harbour Pointe WayGreenacresFL33413
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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 Greenacres at 305 Harbour Pointe Way, Greenacres, FL, 33413 uses $91,991 cash to close to unlock $968/yr annual cash flow and $81/mo monthly cash flow. Total monthly income runs $1,922/mo, and a $1,358/mo payment keeps the spread at $81/mo. Purchase price stands at $277,500, and rental yield measures 8.31% with $1,922/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $76,668 over five years. Five-year ROI reaches 109.08% and total cumulative return in cash records $100,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $1,358/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33413, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,005 (58.2%) |
| Renter Occupied HU | 2,561 (37.2%) |
| Vacant Housing Units | 318 ( 4.6%) |
| Median Home Value | $464,235 |
| Average Home Value | $583,542 |
Housing Distribution
Address Breakdown
Residential
6,101
Single Family
4,884
Multi-Family
1,217
Businesses
276
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Listed by: Vanessa Jeune • Lakesideview Realty Corp
Mls Name: BeachesMLS
Mls ID: #RX-11127617