4311 Okeechobee BlvdWest Palm BeachFL33409
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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
Rental property for sale in West Palm Beach at 4311 Okeechobee Blvd, West Palm Beach, FL, 33409 generates $1,400/mo in rent and, after a $881/mo payment, leaves $143/mo in cash flow. Total monthly income is $1,400/mo, and annual cash flow is $1,710/yr on $59,670 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 9.33% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 119.3% and total cumulative return in cash sums $71,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,400/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
4,356 sqft lot
$N/A/sqft
$63 monthly 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
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Listed by: Christie Di Lemme • Florida Homes Realty and Mortgage
Mls Name: My State MLS
Mls ID: #11524465