3714 Savoy Ln APT CWest 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 3714 Savoy Ln APT C, West Palm Beach, FL, 33417 earns $287/mo cash flow from $2,609/mo rent with a $1,483/mo payment. Total monthly income totals $2,609/mo, and annual cash flow totals $3,447/yr on $100,445 capital. ROI tracks 23.34% on current figures, and rental yield reads 10.33% at a $303,000 purchase. Equity gained on principal adds $1,955/yr, and 5% annual appreciation supports $83,713 over five years. Five-year ROI reaches 123.21% and total cumulative return in cash sums $123,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,609/mo property income instead of your personal income.
Condo
Built in 1985
1 Acres lot
$N/A/sqft
$311 monthly 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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