3300 Springdale Boulevard #117Palm SpringsFL33461
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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 Springs at 3300 Springdale Boulevard #117, Palm Springs, FL, 33461 earns $140/mo cash flow from $943/mo rent with a $592/mo payment. Total monthly income totals $943/mo, and annual cash flow totals $1,683/yr on $40,112 capital. ROI tracks 24.11% on current figures, and rental yield reads 9.35% at a $121,000 purchase. Equity gained on principal adds $781/yr, and 5% annual appreciation supports $33,430 over five years. Five-year ROI reaches 126.03% and total cumulative return in cash sums $50,553. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $943/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
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Listed by: Cole Hammack • Continental Properties, Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11129538