6690 Oakmont WayWest Palm BeachFL33412
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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 6690 Oakmont Way, West Palm Beach, FL, 33412 uses $309,260 cash to close to unlock $29,908/yr annual cash flow and $2,492/mo monthly cash flow. Total monthly income runs $8,765/mo, and a $4,601/mo payment keeps the spread at $2,492/mo. Purchase price stands at $940,000, and rental yield measures 11.19% with $8,765/mo rent. Return on cash invested shows 29.73% in year one, and 5% annual appreciation builds toward $259,705 over five years. Five-year ROI reaches 156.12% and total cumulative return in cash records $482,826. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,765/mo property income covering a $4,601/mo payment rather than investor’s personal income.
Single Family
Built in 1995
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33412, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,756 (100%) |
| Owner Occupied HU | 6,514 (84.0%) |
| Renter Occupied HU | 647 ( 8.3%) |
| Vacant Housing Units | 595 ( 7.7%) |
| Median Home Value | $634,108 |
| Average Home Value | $726,792 |
Housing Distribution
Address Breakdown
Residential
7,255
Single Family
7,158
Multi-Family
97
Businesses
89
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Listed by: Holly Lynn Smith • Brown Harris Stevens of Palm Beach 5225
Mls Name: Palm Beach BOR
Mls ID: #25-239
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.