513 Talia CirclePalm SpringsFL33461
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
Rental property for sale in Palm Springs at 513 Talia Circle, Palm Springs, FL, 33461 priced at $300,000 converts $2,926/mo rent into $936/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,926/mo, and annual cash flow totals $11,226/yr on $99,450 invested. Return on cash invested prints 31.2% in year one, and rental yield reads 11.7% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 163.97% and total cumulative return in cash sums $163,068. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,926/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
1,124 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jude Avril • Ambassador Real Estate Service
Mls Name: BeachesMLS
Mls ID: #RX-11140370