600 S Mangonia CircleWest Palm BeachFL33401
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 600 S Mangonia Circle, West Palm Beach, FL, 33401 in West Palm Beach is a conservative rental investment at $621,000. Rental yield 7.59%. A 1.41 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $171,571; $5,719/yr in principal paydown supplements. Total projected return: $224,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 7.0% |
| Monthly Cash Flow | $(192) | $1,200 |
City averages based on West Palm Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,929 |
| Total Monthly Debt Service | $3,874 |
| DSCR Ratio | 1.01x |
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.
Single Family
Built in 1971
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33401, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,533 (100%) |
| Owner Occupied HU | 5,581 (25.9%) |
| Renter Occupied HU | 11,921 (55.4%) |
| Vacant Housing Units | 4,031 (18.7%) |
| Median Home Value | $635,286 |
| Average Home Value | $769,580 |
Housing Distribution
Address Breakdown
Residential
17,747
Single Family
6,570
Multi-Family
11,177
Businesses
2,352
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
Single Family
Built in 1971
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33401, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,533 (100%) |
| Owner Occupied HU | 5,581 (25.9%) |
| Renter Occupied HU | 11,921 (55.4%) |
| Vacant Housing Units | 4,031 (18.7%) |
| Median Home Value | $635,286 |
| Average Home Value | $769,580 |
Housing Distribution
Address Breakdown
Residential
17,747
Single Family
6,570
Multi-Family
11,177
Businesses
2,352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mahmud Rahman • Century 21 Tenace Realty
Mls Name: BeachesMLS
Mls ID: #RX-11110902