320 33rd Street SWest Palm BeachFL33407
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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 320 33rd Street S, West Palm Beach, FL, 33407 listed at $985,000 pairs $3,936/mo rent with a $4,821/mo payment. Total monthly income runs $3,936/mo. Return on cash invested measures 10.43% in year one, and rental yield registers 4.8% at a $985,000 basis. Equity gained on principal adds $6,356/yr, and annual property appreciation at 5% supports $272,137 by year five. Five-year ROI tracks 52.57% and total cumulative return in cash totals $170,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,936/mo property income relative to a $4,821/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33407, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,707 (100%) |
| Owner Occupied HU | 6,077 (38.7%) |
| Renter Occupied HU | 7,818 (49.8%) |
| Vacant Housing Units | 1,812 (11.5%) |
| Median Home Value | $345,745 |
| Average Home Value | $453,369 |
Housing Distribution
Address Breakdown
Residential
13,884
Single Family
9,698
Multi-Family
4,186
Businesses
1,707
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Listed by: John R Trueman • Douglas Elliman
Mls Name: BeachesMLS
Mls ID: #RX-11152904