635 Masters WayPalm Beach GardensFL33418
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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 Palm Beach Gardens at 635 Masters Way, Palm Beach Gardens, FL, 33418 with 5% annual appreciation on a $994,960 basis while $8,610/mo rent supports operations. Total monthly income totals $8,610/mo and a $4,870/mo payment preserves $2,007/mo for cash returns. Annual cash flow comes to $24,085/yr on $327,342 deployed, and return on cash invested reaches 27.42% in year one. Equity gained on principal adds $6,420/yr, and five-year appreciation sums $274,889 alongside rental yield of 10.38%. Five-year ROI measures 143.67% and total cumulative return in cash totals $470,297.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,610/mo property income versus a $4,870/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
6,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33418, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 16,453 (70.1%) |
| Renter Occupied HU | 4,410 (18.8%) |
| Vacant Housing Units | 2,611 (11.1%) |
| Median Home Value | $742,009 |
| Average Home Value | $890,923 |
Housing Distribution
Address Breakdown
Residential
22,155
Single Family
16,257
Multi-Family
5,898
Businesses
508
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Listed by: Jeffrey M Lichtenstein • Echo Fine Properties
Mls Name: BeachesMLS
Mls ID: #RX-11088336