400 Crosswinds Drive #B1GreenacresFL33413
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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 Greenacres at 400 Crosswinds Drive #B1, Greenacres, FL, 33413 uses $104,423 cash to close to unlock $10,168/yr annual cash flow and $847/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $1,542/mo payment keeps the spread at $847/mo. Purchase price stands at $315,000, and rental yield measures 11.19% with $2,938/mo rent. Return on cash invested shows 29.65% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 155.66% and total cumulative return in cash records $162,545. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33413, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,005 (58.2%) |
| Renter Occupied HU | 2,561 (37.2%) |
| Vacant Housing Units | 318 ( 4.6%) |
| Median Home Value | $464,235 |
| Average Home Value | $583,542 |
Housing Distribution
Address Breakdown
Residential
6,101
Single Family
4,884
Multi-Family
1,217
Businesses
276
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Listed by: Krystle Lynne Rea • Sutter & Nugent LLC
Mls Name: BeachesMLS
Mls ID: #RX-11139228