529 S Flagler Dr APT 6GWest Palm BeachFL33401
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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 West Palm Beach at 529 S Flagler Dr APT 6G, West Palm Beach, FL, 33401 priced at $1,745,000 pairs $3,029/mo rent with after a $8,541/mo payment. Total monthly income equals $3,029/mo. Return on cash invested is 2.22% in year one, and rental yield stands at 2.08% on a $1,745,000 basis. Equity gained on principal adds $11,260/yr, and 5% annual appreciation accumulates to $482,111 by year five. Five-year ROI measures 8.49% and total cumulative return in cash reaches $47,975. For financing, Ziffy Mortgage’s DSCR program evaluates $3,029/mo property income against a $8,541/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33401, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,533 (100%) |
| Owner Occupied HU | 5,581 (25.9%) |
| Renter Occupied HU | 11,921 (55.4%) |
| Vacant Housing Units | 4,031 (18.7%) |
| Median Home Value | $635,286 |
| Average Home Value | $769,580 |
Housing Distribution
Address Breakdown
Residential
17,747
Single Family
6,570
Multi-Family
11,177
Businesses
2,352
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Listed by: Jeff Cloninger • Sotheby's International Realty, Inc.
Mls Name: Palm Beach BOR
Mls ID: #25-1159