630 Glenridge DriveWest Palm BeachFL33405
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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 630 Glenridge Drive, West Palm Beach, FL, 33405 priced at $449,000 pairs $3,716/mo rent with $736/mo cash flow after a $2,198/mo payment. Total monthly income equals $3,716/mo, and annual cash flow comes to $8,832/yr on $148,844 invested. Return on cash invested is 25.84% in year one, and rental yield stands at 9.93% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 135.24% and total cumulative return in cash reaches $201,292. For financing, Ziffy Mortgage’s DSCR program evaluates $3,716/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
5,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33405, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,740 (100%) |
| Owner Occupied HU | 4,738 (54.2%) |
| Renter Occupied HU | 3,176 (36.3%) |
| Vacant Housing Units | 826 ( 9.5%) |
| Median Home Value | $538,407 |
| Average Home Value | $743,392 |
Housing Distribution
Address Breakdown
Residential
8,159
Single Family
7,486
Multi-Family
673
Businesses
1,053
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Listed by: Elisabeth Csak • The Keyes Company
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11075032
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.