445 Lake Helen DrWest Palm BeachFL33411
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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 445 Lake Helen Dr, West Palm Beach, FL, 33411 priced at $312,900 converts $2,567/mo rent into $221/mo cash flow after a $1,531/mo obligation. Total monthly income equals $2,567/mo, and annual cash flow totals $2,652/yr on $103,726 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 9.84% against a $312,900 entry. Equity gained on principal adds $2,019/yr, while 5% annual appreciation compiles into $86,449 by year five. Five-year ROI reaches 118.32% and total cumulative return in cash sums $122,730. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,567/mo property income covering a $1,531/mo payment, not borrower’s personal income.
Condo
Built in 1978
1 Acres lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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