5402 Bonky Court #102bWest Palm BeachFL33415
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 5402 Bonky Court #102b, West Palm Beach, FL, 33415 in West Palm Beach speaks for itself: 10.64% gross on a $348,000 price, generating $3,086/mo in rent and $647/mo in net income after the $1,565/mo debt service. DSCR 1.97, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,764 stacks alongside $96,146 in projected five-year appreciation and $3,205/yr in principal reduction. Projected total cumulative return: $174,802.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.0% |
| Monthly Cash Flow | $647 | $1,200 |
City averages based on West Palm Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,086 |
| Total Monthly Debt Service | $2,301 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1984
1,680 sqft lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33415, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,027 (100%) |
| Owner Occupied HU | 11,193 (55.9%) |
| Renter Occupied HU | 7,425 (37.1%) |
| Vacant Housing Units | 1,409 ( 7.0%) |
| Median Home Value | $295,757 |
| Average Home Value | $389,449 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
11,552
Multi-Family
7,447
Businesses
728
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
Townhouse
Built in 1984
1,680 sqft lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33415, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,027 (100%) |
| Owner Occupied HU | 11,193 (55.9%) |
| Renter Occupied HU | 7,425 (37.1%) |
| Vacant Housing Units | 1,409 ( 7.0%) |
| Median Home Value | $295,757 |
| Average Home Value | $389,449 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
11,552
Multi-Family
7,447
Businesses
728
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices