4631 Cherry RdWest Palm BeachFL33417
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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 West Palm Beach at 4631 Cherry Rd, West Palm Beach, FL, 33417 listed at $345,000 pairs $3,020/mo rent with a $1,689/mo payment to leave $730/mo cash flow. Total monthly income runs $3,020/mo, and annual cash flow reaches $8,761/yr on $114,368 cash to close. Return on cash invested measures 27.57% in year one, and rental yield registers 10.5% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 144.55% and total cumulative return in cash totals $165,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,020/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No 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
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Listed by: Brenda Aldana • Real Estate of Florida Broward County Inc.
Mls Name: BeachesMLS
Mls ID: #F10519203