6074 Forest Hill Boulevard #208West Palm BeachFL33415
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
Investment Highlights
Investment property for sale in West Palm Beach at 6074 Forest Hill Boulevard #208, West Palm Beach, FL, 33415 earns $132/mo cash flow from $1,095/mo rent with a $710/mo payment. Total monthly income totals $1,095/mo, and annual cash flow totals $1,590/yr on $48,068 capital. ROI tracks 23.22% on current figures, and rental yield reads 9.06% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 121.22% and total cumulative return in cash sums $58,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,095/mo property income instead of your personal income.
Condo
Built in 1980
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julio Enrique Leonardo • Tropical Realty Group
Mls Name: BeachesMLS
Mls ID: #RX-11084286