52 Yacht Club Drive #402North Palm BeachFL33408
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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 North Palm Beach at 52 Yacht Club Drive #402, North Palm Beach, FL, 33408 earns $225/mo cash flow from $2,873/mo rent with a $1,953/mo payment. Total monthly income totals $2,873/mo, and annual cash flow totals $2,701/yr on $132,269 capital. ROI tracks 21.95% on current figures, and rental yield reads 8.64% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 114.41% and total cumulative return in cash sums $151,334. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,873/mo property income instead of your personal income.
Condo
Built in 1968
180 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33408, North Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 7,367 (58.0%) |
| Renter Occupied HU | 2,617 (20.6%) |
| Vacant Housing Units | 2,707 (21.3%) |
| Median Home Value | $702,045 |
| Average Home Value | $877,462 |
Housing Distribution
Address Breakdown
Residential
11,371
Single Family
5,958
Multi-Family
5,413
Businesses
1,371
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Listed by: Lesa Wilhelm • Serhant
Mls Name: BeachesMLS
Mls ID: #RX-11148366