3250 S Ocean Blvd APT 401SPalm BeachFL33480
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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 Palm Beach at 3250 S Ocean Blvd APT 401S, Palm Beach, FL, 33480 earns from $2,675/mo rent with a $5,673/mo payment. Total monthly income totals $2,675/mo. ROI tracks 4.34% on current figures, and rental yield reads 2.77% at a $1,159,000 purchase. Equity gained on principal adds $7,479/yr, and 5% annual appreciation supports $320,210 over five years. Five-year ROI reaches 19.86% and total cumulative return in cash sums $74,571. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,675/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33480, Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,178 (100%) |
| Owner Occupied HU | 5,203 (46.5%) |
| Renter Occupied HU | 952 ( 8.5%) |
| Vacant Housing Units | 5,023 (44.9%) |
| Median Home Value | $1,330,313 |
| Average Home Value | $1,415,885 |
Housing Distribution
Address Breakdown
Residential
9,067
Single Family
2,595
Multi-Family
6,472
Businesses
1,475
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Listed by: David Fite • Compass Florida, LLC
Mls Name: Palm Beach BOR
Mls ID: #26-57