3962 Circle Lake DriveWest 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 3962 Circle Lake Drive, West Palm Beach, FL, 33417 earns from $3,626/mo rent with a $2,687/mo payment. Total monthly income totals $3,626/mo. ROI tracks 19.95% on current figures, and rental yield reads 7.93% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 103.59% and total cumulative return in cash sums $187,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,626/mo property income instead of your personal income.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No 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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Listed by: Ausdimarys Ajete Cardenas • Antorcha Real Estate Group LLC
Mls Name: BeachesMLS
Mls ID: #RX-11152519