505 Sandtree DrivePalm Beach GardensFL33403
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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 Palm Beach Gardens at 505 Sandtree Drive, Palm Beach Gardens, FL, 33403 priced at $330,000 converts $2,473/mo rent into $283/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,473/mo, and annual cash flow totals $3,399/yr on $109,395 invested. Return on cash invested prints 23.02% in year one, and rental yield reads 8.99% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 120.12% and total cumulative return in cash sums $131,411. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,473/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Townhouse
Built in 1980
3,245 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33403, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 2,923 (48.5%) |
| Renter Occupied HU | 2,738 (45.4%) |
| Vacant Housing Units | 365 ( 6.1%) |
| Median Home Value | $415,625 |
| Average Home Value | $486,190 |
Housing Distribution
Address Breakdown
Residential
5,408
Single Family
4,511
Multi-Family
897
Businesses
999
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Listed by: Aslet Saingelus • Premier Brokers International
Mls Name: BeachesMLS
Mls ID: #RX-11149150