387 Kelsey Park DrivePalm Beach GardensFL33410
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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 Beach Gardens at 387 Kelsey Park Drive, Palm Beach Gardens, FL, 33410 with 5% annual appreciation on a $1,150,000 basis while $4,188/mo rent supports operations. 28% in year one. Equity gained on principal adds $7,421/yr, and five-year appreciation sums $317,724 alongside rental yield of 4.37%. Five-year ROI measures 46.35% and total cumulative return in cash totals $172,689. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,188/mo property income versus a $5,629/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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Listed by: Lisa K Archuletta • NextHome Treasure Coast
Mls Name: BeachesMLS
Mls ID: #RX-11157391