6024 Adriatic WayWest Palm BeachFL33413
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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 6024 Adriatic Way, West Palm Beach, FL, 33413 listed at $525,000 pairs $3,928/mo rent with a $2,570/mo payment to leave $444/mo cash flow. Total monthly income runs $3,928/mo, and annual cash flow reaches $5,323/yr on $172,725 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 8.98% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 120.74% and total cumulative return in cash totals $208,545. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,928/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.10 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33413, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,005 (58.2%) |
| Renter Occupied HU | 2,561 (37.2%) |
| Vacant Housing Units | 318 ( 4.6%) |
| Median Home Value | $464,235 |
| Average Home Value | $583,542 |
Housing Distribution
Address Breakdown
Residential
6,101
Single Family
4,884
Multi-Family
1,217
Businesses
276
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Listed by: Priscila Rouleau • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls ID: #RX-11148698