326 Northlake Dr APT 101North Palm BeachFL33408
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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 North Palm Beach at 326 Northlake Dr APT 101, North Palm Beach, FL, 33408 listed at $374,900 pairs $2,852/mo rent with a $1,835/mo payment to leave $364/mo cash flow. Total monthly income runs $2,852/mo, and annual cash flow reaches $4,369/yr on $124,279 cash to close. Return on cash invested measures 23.42% in year one, and rental yield registers 9.13% at a $374,900 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,578 by year five. Five-year ROI tracks 122.31% and total cumulative return in cash totals $152,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,852/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33408, North Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 7,367 (58.0%) |
| Renter Occupied HU | 2,617 (20.6%) |
| Vacant Housing Units | 2,707 (21.3%) |
| Median Home Value | $702,045 |
| Average Home Value | $877,462 |
Housing Distribution
Address Breakdown
Residential
11,371
Single Family
5,958
Multi-Family
5,413
Businesses
1,371
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Listed by: N/A • N/A
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