655 Gazetta WayWest Palm BeachFL33413
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 655 Gazetta Way, West Palm Beach, FL, 33413 in West Palm Beach worth study. Rental yield 5.59%. The 5.59% gross yield is below cash-flow benchmarks at $559,900, but 5% annual appreciation, adding $154,690 over five years, frames this as a capital growth position. Rent of $2,608/mo partially offsets the $2,518/mo payment. Ziffy Mortgage finances appreciation-play properties (1.04 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $142,109.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 7.0% |
| Monthly Cash Flow | $(1,108) | $1,200 |
City averages based on West Palm Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,608 |
| Total Monthly Debt Service | $3,493 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
5,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33413, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,005 (58.2%) |
| Renter Occupied HU | 2,561 (37.2%) |
| Vacant Housing Units | 318 ( 4.6%) |
| Median Home Value | $464,235 |
| Average Home Value | $583,542 |
Housing Distribution
Address Breakdown
Residential
6,101
Single Family
4,884
Multi-Family
1,217
Businesses
276
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
5,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33413, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,005 (58.2%) |
| Renter Occupied HU | 2,561 (37.2%) |
| Vacant Housing Units | 318 ( 4.6%) |
| Median Home Value | $464,235 |
| Average Home Value | $583,542 |
Housing Distribution
Address Breakdown
Residential
6,101
Single Family
4,884
Multi-Family
1,217
Businesses
276
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Galen Daniel Walter • LPT Realty, LLC
Mls Name: BeachesMLS
Mls ID: #F10544946