4370 Flax CourtPalm Beach GardensFL33410
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
Rental property for sale in Palm Beach Gardens at 4370 Flax Court, Palm Beach Gardens, FL, 33410 priced at $900,000 converts $6,662/mo rent into $690/mo cash flow after a $4,405/mo obligation. Total monthly income equals $6,662/mo, and annual cash flow totals $8,274/yr on $296,100 invested. Return on cash invested prints 22.85% in year one, and rental yield reads 8.88% against a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation compiles into $248,653 by year five. Five-year ROI reaches 119.2% and total cumulative return in cash sums $352,944. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,662/mo property income covering a $4,405/mo payment, not borrower’s personal income.
Single Family
Built in 1964
N/A 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: Michael Scott • Keller Williams Realty Jupiter
Mls Name: BeachesMLS
Mls ID: #RX-11112638