606 Sea Pine Way #BGreenacresFL33415
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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 Greenacres at 606 Sea Pine Way #B, Greenacres, FL, 33415 uses $101,074 cash to close to unlock $10,308/yr annual cash flow and $859/mo monthly cash flow. Total monthly income runs $2,882/mo, and a $1,492/mo payment keeps the spread at $859/mo. Purchase price stands at $304,900, and rental yield measures 11.34% with $2,882/mo rent. Return on cash invested shows 30.11% in year one, and 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 158.1% and total cumulative return in cash records $159,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,882/mo property income covering a $1,492/mo payment rather than investor’s personal income.
Single Family
Built in 1982
N/A lot
$N/A/sqft
No 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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Listed by: Lydia O Gates PA • KW Reserve
Mls Name: BeachesMLS
Mls ID: #RX-11119583