445 Rainbow Springs TerRoyal 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
Investment property for sale in Royal Palm Beach at 445 Rainbow Springs Ter, Royal Palm Beach, FL, 33411 uses $115,694 cash to close to unlock $8,018/yr annual cash flow and $668/mo monthly cash flow. Total monthly income runs $2,984/mo, and a $1,708/mo payment keeps the spread at $668/mo. Purchase price stands at $349,000, and rental yield measures 10.26% with $2,984/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 140.62% and total cumulative return in cash records $162,684. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,984/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No 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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Listed by: Nayda Reyes • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11930262