4189 Royal Oak DrivePalm Beach GardensFL33410
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 4189 Royal Oak Drive, Palm Beach Gardens, FL, 33410 in Palm Beach Gardens: $3,922/mo in rent, $680/mo net, 10.95% gross yield, all on a $429,700 acquisition. The 2.03 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $118,718 in value, and $3,958/yr in principal paydown steadily builds equity. Projected total cumulative return: $232,674.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.5% |
| Monthly Cash Flow | $680 | $1,500 |
City averages based on Palm Beach Gardens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,922 |
| Total Monthly Debt Service | $2,681 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1993
4,835 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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
Townhouse
Built in 1993
4,835 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Caloia • Keller Williams Realty Jupiter
Mls Name: BeachesMLS
Mls ID: #RX-11158454