6094 Fair Green RoadWest Palm BeachFL33417
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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
Rental property for sale in West Palm Beach at 6094 Fair Green Road, West Palm Beach, FL, 33417 generates $2,657/mo in rent and, after a $1,908/mo payment, leaves $70/mo in cash flow. Total monthly income is $2,657/mo, and annual cash flow is $839/yr on $129,252 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 8.18% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 106.9% and total cumulative return in cash sums $138,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,657/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
8,364 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Housing Distribution
Address Breakdown
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
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Listed by: David M Lee • Edgestone Real Estate Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11119745