5501 Manning Avenue, West Palm Beach, FL, 33407 | $699/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Investment property for sale in West Palm Beach at 5501 Manning Avenue, West Palm Beach, FL, 33407 uses $287,875 cash to close to unlock $8,388/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $6,506/mo, and a $4,283/mo payment keeps the spread at $699/mo. Purchase price stands at $875,000, and rental yield measures 8.92% with $6,506/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 119.85% and total cumulative return in cash records $345,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,506/mo property income covering a $4,283/mo payment rather than investor’s personal income.

Multi Family

Built in 1969

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

One of a kind INVESTMENT OPPORTUNITY!This rare offering features 3 lots with 4 buildings. 1 Duplex, 4 plex and a single family home and a garage building. Seven rentable units once renovated. The four plex requires a full renovation, making this the perfect value for investors or developers or those looking to build a long term portfolio wealth. Property is sold as is. Buyers must independently verify all information.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33407, West Palm Beach, FL area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)15,707 (100%)
Owner Occupied HU6,077 (38.7%)
Renter Occupied HU7,818 (49.8%)
Vacant Housing Units1,812 (11.5%)
Median Home Value$345,745
Average Home Value$453,369

Address Breakdown

Residential

13,884

Single Family

9,698

Multi-Family

4,186

Businesses

1,707

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: MultiFamily
  • Year Built: 1969
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Open, Open Parking, Space Parking

Location

  • City: West Palm Beach
  • State: FL
  • Subdivision: N/A
  • Lot Size: 0.35 Acres
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Elisabeth Csak • The Keyes Company 

Mls Name: BeachesMLS

Mls ID: #RX-11146876

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