3940 N Flagler Drive #101West Palm BeachFL33407
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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 3940 N Flagler Drive #101, West Palm Beach, FL, 33407 earns $794/mo cash flow from $3,781/mo rent with a $2,203/mo payment. Total monthly income totals $3,781/mo, and annual cash flow totals $9,531/yr on $149,175 capital. ROI tracks 26.3% on current figures, and rental yield reads 10.08% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 137.71% and total cumulative return in cash sums $205,422. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,781/mo property income instead of your personal income.
Condo
Built in 2007
N/A 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
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Listed by: Alisa F Squillacote • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls ID: #RX-11124810