5409 Canyon TrlWest Palm BeachFL33405
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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 5409 Canyon Trl, West Palm Beach, FL, 33405 priced at $1,795,000 pairs $6,247/mo rent with after a $8,786/mo payment. Total monthly income equals $6,247/mo. Return on cash invested is 8.68% in year one, and rental yield stands at 4.18% on a $1,795,000 basis. Equity gained on principal adds $11,583/yr, and 5% annual appreciation accumulates to $495,925 by year five. Five-year ROI measures 43.13% and total cumulative return in cash reaches $250,837. For financing, Ziffy Mortgage’s DSCR program evaluates $6,247/mo property income against a $8,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33405, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,740 (100%) |
| Owner Occupied HU | 4,738 (54.2%) |
| Renter Occupied HU | 3,176 (36.3%) |
| Vacant Housing Units | 826 ( 9.5%) |
| Median Home Value | $538,407 |
| Average Home Value | $743,392 |
Housing Distribution
Address Breakdown
Residential
8,159
Single Family
7,486
Multi-Family
673
Businesses
1,053
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Listed by: Cara Coniglio Mcclure • Douglas Elliman
Mls Name: Palm Beach BOR
Mls ID: #25-548
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.