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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in West Palm Beach at 5920 Cartier Road, West Palm Beach, FL, 33417 with 5% annual appreciation on a $299,000 basis while $2,506/mo rent supports operations. Total monthly income totals $2,506/mo and a $1,463/mo payment preserves $522/mo for cash returns. Annual cash flow comes to $6,267/yr on $99,119 deployed, and return on cash invested reaches 26.23% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 10.06%. Five-year ROI measures 137.36% and total cumulative return in cash totals $136,150.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,506/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1998
6,007 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
Date | Event | Price |
|---|---|---|
| 2025-04-05 | Listed for sale | $299,000 |
| 2008-07-31 | Sold | $30,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $573.00 | 5.72% | $27,841 | 3.00% |
| 2023-04-19 | $542.00 | 3.04% | $27,030 | 3.00% |
| 2022-04-19 | $526.00 | 10.27% | $26,243 | 3.00% |
Listed by: Richard Vera • Luxfirm Real Estate LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11078640
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
