6647 Adriatic WayWest Palm BeachFL33413
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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 6647 Adriatic Way, West Palm Beach, FL, 33413 uses $142,512 cash to close to unlock $8,763/yr annual cash flow and $730/mo monthly cash flow. Total monthly income runs $3,583/mo, and a $2,104/mo payment keeps the spread at $730/mo. Purchase price stands at $429,900, and rental yield measures 10% with $3,583/mo rent. Return on cash invested shows 26.06% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 136.42% and total cumulative return in cash records $194,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,583/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 2006
4,300 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: Isael Prieto • Able CRE
Mls Name: MIAMI
Mls ID: #A11834026