4304 Water Oak CourtPalm Beach GardensFL33410
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4304 Water Oak Court, Palm Beach Gardens, FL, 33410 in Palm Beach Gardens at $449,900 earns $3,650/mo in rent and nets $106/mo after the $2,023/mo payment, a 9.74% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $124,299 over five years. Ziffy Mortgage underwrites this on a 1.80 DSCR without U.S. credit history. With $4,144/yr in principal paydown, total projected return reaches $180,711.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.5% |
| Monthly Cash Flow | $106 | $1,500 |
City averages based on Palm Beach Gardens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,650 |
| Total Monthly Debt Service | $3,365 |
| DSCR Ratio | 1.08x |
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 1991
2,047 sqft lot
$N/A/sqft
$466 monthly 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 1991
2,047 sqft lot
$N/A/sqft
$466 monthly 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