4616 Cherry RoadWest Palm BeachFL33417
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
Investment property for sale in West Palm Beach at 4616 Cherry Road, West Palm Beach, FL, 33417 listed at $337,500 pairs $3,043/mo rent with a $1,652/mo payment to leave $418/mo cash flow. Total monthly income runs $3,043/mo, and annual cash flow reaches $5,018/yr on $111,881 cash to close. Return on cash invested measures 24.39% in year one, and rental yield registers 10.82% at a $337,500 basis. Equity gained on principal adds $2,178/yr, and annual property appreciation at 5% supports $93,245 by year five. Five-year ROI tracks 129.02% and total cumulative return in cash totals $144,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,043/mo property income relative to a $1,652/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1980
1,525 sqft lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Housing Distribution
Address Breakdown
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Gorham • Re/Max Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11053870
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.