5188 Woodland Lakes Dr APT 337Palm Beach GardensFL33418
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 Palm Beach Gardens at 5188 Woodland Lakes Dr APT 337, Palm Beach Gardens, FL, 33418 earns from $2,972/mo rent with a $1,615/mo payment. Total monthly income totals $2,972/mo. ROI tracks 17.16% on current figures, and rental yield reads 10.81% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 92.81% and total cumulative return in cash sums $101,499. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,972/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$1,033 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Martha Gillespie-Beeman • Sheehan Realty Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11528013
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.