3101 Glenwood RoadWest Palm BeachFL33405
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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 3101 Glenwood Road, West Palm Beach, FL, 33405 offers a 11.68% rental yield on a $520,000 purchase with $5,060/mo rent. Total monthly income registers $5,060/mo, and a $2,545/mo payment leaves $1,609/mo available for distribution. Annual cash flow reaches $19,312/yr on $171,080 to close, and return on cash invested stands at 31.35% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,666 over five years. Portfolio math shows five-year ROI at 164.75% and total cumulative return in cash at $281,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,060/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,847 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33405, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,740 (100%) |
| Owner Occupied HU | 4,738 (54.2%) |
| Renter Occupied HU | 3,176 (36.3%) |
| Vacant Housing Units | 826 ( 9.5%) |
| Median Home Value | $538,407 |
| Average Home Value | $743,392 |
Housing Distribution
Address Breakdown
Residential
8,159
Single Family
7,486
Multi-Family
673
Businesses
1,053
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Listed by: Keith David Raymond • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #RX-11131653