4200 San Marino Blvd APT 308West Palm BeachFL33409
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 4200 San Marino Blvd APT 308, West Palm Beach, FL, 33409 offers a 8.25% rental yield on a $210,000 purchase with $1,444/mo rent. Total monthly income registers $1,444/mo, and a $1,028/mo payment leaves $50/mo available for distribution. Annual cash flow reaches $603/yr on $69,615 to close, and return on cash invested stands at 20.78% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 108.14% and total cumulative return in cash at $75,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,444/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33409, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,274 (100%) |
| Owner Occupied HU | 5,595 (39.2%) |
| Renter Occupied HU | 7,596 (53.2%) |
| Vacant Housing Units | 1,083 ( 7.6%) |
| Median Home Value | $369,591 |
| Average Home Value | $519,718 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
7,927
Multi-Family
4,695
Businesses
1,880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana Lagomarsino • Pixan Realty LLC
Mls Name: MIAMI
Mls ID: #A11940136