5975 Forest Hill Blvd APT 206West Palm BeachFL33415
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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
Investment property for sale in West Palm Beach at 5975 Forest Hill Blvd APT 206, West Palm Beach, FL, 33415 offers a 11.5% rental yield on a $237,000 purchase with $2,272/mo rent. Total monthly income registers $2,272/mo, and a $1,160/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,684/yr on $78,566 to close, and return on cash invested stands at 24.6% in year one. Equity gained on principal adds $1,529/yr while 5% annual appreciation supports $65,479 over five years. Portfolio math shows five-year ROI at 130.74% and total cumulative return in cash at $102,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,272/mo property income against a $1,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
1 Acres lot
$N/A/sqft
$285 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
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Nearby investment properties with comparable prices
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