6340 Red Pine Ln #AGreenacresFL33415
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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 Greenacres at 6340 Red Pine Ln #A, Greenacres, FL, 33415 uses $92,157 cash to close to unlock $9,838/yr annual cash flow and $820/mo monthly cash flow. Total monthly income runs $2,665/mo, and a $1,361/mo payment keeps the spread at $820/mo. Purchase price stands at $278,000, and rental yield measures 11.5% with $2,665/mo rent. Return on cash invested shows 30.58% in year one, and 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 160.67% and total cumulative return in cash records $148,073. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,665/mo property income covering a $1,361/mo payment rather than investor’s personal income.
Townhouse
Built in 1981
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: Elizabeth MacCall • A R E A Arise Real Estate Advi
Mls Name: MIAMI
Mls ID: #A11889714