4201 S South Ocean Boulevard #J-2Palm BeachFL33480
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 Palm Beach at 4201 S South Ocean Boulevard #J-2, Palm Beach, FL, 33480 listed at $198,800 pairs $1,499/mo rent with a $973/mo payment to leave $180/mo cash flow. Total monthly income runs $1,499/mo, and annual cash flow reaches $2,157/yr on $65,902 cash to close. Return on cash invested measures 23.18% in year one, and rental yield registers 9.05% at a $198,800 basis. Equity gained on principal adds $1,283/yr, and annual property appreciation at 5% supports $54,925 by year five. Five-year ROI tracks 120.98% and total cumulative return in cash totals $79,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,499/mo property income relative to a $973/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33480, Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,178 (100%) |
| Owner Occupied HU | 5,203 (46.5%) |
| Renter Occupied HU | 952 ( 8.5%) |
| Vacant Housing Units | 5,023 (44.9%) |
| Median Home Value | $1,330,313 |
| Average Home Value | $1,415,885 |
Housing Distribution
Address Breakdown
Residential
9,067
Single Family
2,595
Multi-Family
6,472
Businesses
1,475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Janice Henderson • RE/MAX Ocean Properties
Mls Name: BeachesMLS
Mls ID: #RX-11111663