647 Edgebrook LaneWest Palm BeachFL33411
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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 647 Edgebrook Lane, West Palm Beach, FL, 33411 earns from $5,955/mo rent with a $8,810/mo payment. Total monthly income totals $5,955/mo. ROI tracks 8.04% on current figures, and rental yield reads 3.97% at a $1,799,999 purchase. Equity gained on principal adds $11,615/yr, and 5% annual appreciation supports $497,307 over five years. Five-year ROI reaches 39.71% and total cumulative return in cash sums $231,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,955/mo property income instead of your personal income.
Single Family
Built in 2006
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Charles Garland • Atlantic Realty Group, LLC
Mls Name: BeachesMLS
Mls ID: #F10522799