410 Chatham TWest Palm BeachFL33417
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 410 Chatham T, West Palm Beach, FL, 33417 at $129,500 posts ROI 29.06% with $327/mo cash flow from $1,667/mo rent. Total monthly income equals $1,667/mo, and annual cash flow records $3,929/yr on $42,929 to close. Return on cash invested measures 29.06% and rental yield reads 15.45% at the current $129,500. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 by year five. Five-year ROI prints 157.44% and total cumulative return in cash totals $67,586.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,667/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1973
N/A lot
$N/A/sqft
$480 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rosalie Daniel • Real Estate Center of West Palm Beach LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11027540
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.