3173 Streng LaneRoyal Palm BeachFL33411
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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 Royal Palm Beach at 3173 Streng Lane, Royal Palm Beach, FL, 33411 offers a 11.14% rental yield on a $849,900 purchase with $7,891/mo rent. Total monthly income registers $7,891/mo, and a $4,160/mo payment leaves $2,251/mo available for distribution. Annual cash flow reaches $27,009/yr on $279,617 to close, and return on cash invested stands at 29.72% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Portfolio math shows five-year ROI at 156% and total cumulative return in cash at $436,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,891/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
9,740 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Mindy Sepinuck • LPT Realty, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11144918