6120 Forest Hill Blvd APT 203West Palm BeachFL33415
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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 6120 Forest Hill Blvd APT 203, West Palm Beach, FL, 33415 earns $122/mo cash flow from $785/mo rent with a $489/mo payment. Total monthly income totals $785/mo, and annual cash flow totals $1,462/yr on $33,150 capital. ROI tracks 24.32% on current figures, and rental yield reads 9.42% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 127.07% and total cumulative return in cash sums $42,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $785/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
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Listed by: Erik McGinnis • HOMEVEST REALTY
Mls Name: Stellar MLS
Mls ID: #O6367614