406 Harbour Pointe WayGreenacresFL33413
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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 406 Harbour Pointe Way, Greenacres, FL, 33413 with 5% annual appreciation on a $335,000 basis while $2,284/mo rent supports operations. Total monthly income totals $2,284/mo and a $1,640/mo payment preserves $61/mo for cash returns. Annual cash flow comes to $726/yr on $111,053 deployed, and return on cash invested reaches 20.56% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,554 alongside rental yield of 8.18%. Five-year ROI measures 106.95% and total cumulative return in cash totals $118,772.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,284/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
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: Tracy Ciucci • KW Innovations
Mls Name: BeachesMLS
Mls ID: #RX-11122534