516 Commons DrivePalm Beach GardensFL33418
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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 Palm Beach Gardens at 516 Commons Drive, Palm Beach Gardens, FL, 33418 at $549,000 posts ROI 22.24% with $329/mo cash flow from $3,972/mo rent. Total monthly income equals $3,972/mo, and annual cash flow records $3,946/yr on $180,621 to close. Return on cash invested measures 22.24% and rental yield reads 8.68% at the current $549,000. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 by year five. Five-year ROI prints 115.92% and total cumulative return in cash totals $209,384.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,972/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33418, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 16,453 (70.1%) |
| Renter Occupied HU | 4,410 (18.8%) |
| Vacant Housing Units | 2,611 (11.1%) |
| Median Home Value | $742,009 |
| Average Home Value | $890,923 |
Housing Distribution
Address Breakdown
Residential
22,155
Single Family
16,257
Multi-Family
5,898
Businesses
508
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Listed by: Melissa Marcantoni • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11152383