39 Balfour RdPalm Beach GardensFL33418
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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 39 Balfour Rd, Palm Beach Gardens, FL, 33418 uses $202,335 cash to close to unlock $14,614/yr annual cash flow and $1,218/mo monthly cash flow. Total monthly income runs $5,299/mo, and a $3,010/mo payment keeps the spread at $1,218/mo. Purchase price stands at $615,000, and rental yield measures 10.34% with $5,299/mo rent. Return on cash invested shows 27.28% in year one, and 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 142.93% and total cumulative return in cash records $289,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,299/mo property income covering a $3,010/mo payment rather than investor’s personal income.
Townhouse
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33418, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 16,453 (70.1%) |
| Renter Occupied HU | 4,410 (18.8%) |
| Vacant Housing Units | 2,611 (11.1%) |
| Median Home Value | $742,009 |
| Average Home Value | $890,923 |
Housing Distribution
Address Breakdown
Residential
22,155
Single Family
16,257
Multi-Family
5,898
Businesses
508
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Listed by: Maria Diaz • Berkshire Hathaway Florida Rea
Mls Name: MIAMI
Mls ID: #A11833245