34 Hastings C #34West Palm BeachFL33417
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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 34 Hastings C #34, West Palm Beach, FL, 33417 listed at $194,000 pairs $1,497/mo rent with a $950/mo payment to leave $209/mo cash flow. Total monthly income runs $1,497/mo, and annual cash flow reaches $2,509/yr on $64,311 cash to close. Return on cash invested measures 23.81% in year one, and rental yield registers 9.26% at a $194,000 basis. Equity gained on principal adds $1,252/yr, and annual property appreciation at 5% supports $53,599 by year five. Five-year ROI tracks 124.43% and total cumulative return in cash totals $80,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,497/mo property income relative to a $950/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Housing Distribution
Address Breakdown
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
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Listed by: James P Flynn • Waterfront Realty Of The Palm Beaches
Mls Name: BeachesMLS
Mls ID: #RX-11147219