3706 Henry DriveWest Palm BeachFL33405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in West Palm Beach at 3706 Henry Drive, West Palm Beach, FL, 33405 priced at $629,000 converts $4,503/mo rent into $328/mo cash flow after a $3,079/mo obligation. Total monthly income equals $4,503/mo, and annual cash flow totals $3,942/yr on $206,941 invested. Return on cash invested prints 21.97% in year one, and rental yield reads 8.59% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 114.44% and total cumulative return in cash sums $236,817. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,503/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Multi Family
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33405, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,740 (100%) |
| Owner Occupied HU | 4,738 (54.2%) |
| Renter Occupied HU | 3,176 (36.3%) |
| Vacant Housing Units | 826 ( 9.5%) |
| Median Home Value | $538,407 |
| Average Home Value | $743,392 |
Housing Distribution
Address Breakdown
Residential
8,159
Single Family
7,486
Multi-Family
673
Businesses
1,053
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julio Madera • Premier Brokers International
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11083005
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.