3569 Forest Hill Boulevard #108Palm SpringsFL33406
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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 3569 Forest Hill Boulevard #108, Palm Springs, FL, 33406 uses $91,163 cash to close to unlock $10,224/yr annual cash flow and $852/mo monthly cash flow. Total monthly income runs $2,677/mo, and a $1,346/mo payment keeps the spread at $852/mo. Purchase price stands at $275,000, and rental yield measures 11.68% with $2,677/mo rent. Return on cash invested shows 31.12% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 163.63% and total cumulative return in cash records $149,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,677/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 2005
365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33406, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,033 (100%) |
| Owner Occupied HU | 6,314 (62.9%) |
| Renter Occupied HU | 3,162 (31.5%) |
| Vacant Housing Units | 557 ( 5.6%) |
| Median Home Value | $446,327 |
| Average Home Value | $529,750 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
8,121
Multi-Family
1,520
Businesses
764
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Listed by: Cynthia Bray PA • William Raveis Real Estate
Mls Name: BeachesMLS
Mls ID: #RX-11106733