3807 N Shore DrWest Palm BeachFL33407
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 3807 N Shore Dr, West Palm Beach, FL, 33407 generates $3,635/mo in rent and, after a $1,958/mo payment, leaves $980/mo in cash flow. Total monthly income is $3,635/mo, and annual cash flow is $11,764/yr on $132,600 invested. Return on cash invested sits at 28.78% in year one, and rental yield is 10.91% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 151.02% and total cumulative return in cash sums $200,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,635/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33407, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,707 (100%) |
| Owner Occupied HU | 6,077 (38.7%) |
| Renter Occupied HU | 7,818 (49.8%) |
| Vacant Housing Units | 1,812 (11.5%) |
| Median Home Value | $345,745 |
| Average Home Value | $453,369 |
Housing Distribution
Address Breakdown
Residential
13,884
Single Family
9,698
Multi-Family
4,186
Businesses
1,707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Breyanna Williamson • Jason Mitchell Real Estate Flo
Mls Name: BeachesMLS
Mls ID: #F10533578