6575 Spring Meadow DriveGreenacresFL33413
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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 6575 Spring Meadow Drive, Greenacres, FL, 33413 earns $854/mo cash flow from $5,048/mo rent with a $3,093/mo payment. Total monthly income totals $5,048/mo, and annual cash flow totals $10,251/yr on $207,928 capital. ROI tracks 24.99% on current figures, and rental yield reads 9.58% at a $632,000 purchase. Equity gained on principal adds $4,078/yr, and 5% annual appreciation supports $174,610 over five years. Five-year ROI reaches 130.67% and total cumulative return in cash sums $271,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,048/mo property income instead of your personal income.
Single Family
Built in 2001
6,505 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
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Listed by: Jonathan R Huffer • Redfin Corporation
Mls Name: BeachesMLS
Mls ID: #RX-11145874