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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in West Palm Beach at 616 Clearwater Park Rd APT 812, West Palm Beach, FL, 33401 listed at $339,000 pairs $2,336/mo rent with a $1,659/mo payment to leave $87/mo cash flow. Total monthly income runs $2,336/mo, and annual cash flow reaches $1,039/yr on $112,379 cash to close. Return on cash invested measures 20.83% in year one, and rental yield registers 8.27% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 108.4% and total cumulative return in cash totals $121,816. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,336/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33401, West Palm Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,533 (100%) |
| Owner Occupied HU | 5,581 (25.9%) |
| Renter Occupied HU | 11,921 (55.4%) |
| Vacant Housing Units | 4,031 (18.7%) |
| Median Home Value | $635,286 |
| Average Home Value | $769,580 |
Residential
17,747
Single Family
6,570
Multi-Family
11,177
Businesses
2,352
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
