7 Golfs Edge #DWest Palm BeachFL33417
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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
Rental property for sale in West Palm Beach at 7 Golfs Edge #D, West Palm Beach, FL, 33417 priced at $143,900 pairs $1,094/mo rent with $139/mo cash flow after a $704/mo payment. Total monthly income equals $1,094/mo, and annual cash flow comes to $1,672/yr on $47,703 invested. Return on cash invested is 23.41% in year one, and rental yield stands at 9.12% on a $143,900 basis. Equity gained on principal adds $929/yr, and 5% annual appreciation accumulates to $39,757 by year five. Five-year ROI measures 122.28% and total cumulative return in cash reaches $58,331. For financing, Ziffy Mortgage’s DSCR program evaluates $1,094/mo property income against a $704/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33417, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,018 (100%) |
| Owner Occupied HU | 9,428 (49.6%) |
| Renter Occupied HU | 6,660 (35.0%) |
| Vacant Housing Units | 2,930 (15.4%) |
| Median Home Value | $154,618 |
| Average Home Value | $254,551 |
Housing Distribution
Address Breakdown
Residential
17,514
Single Family
8,570
Multi-Family
8,944
Businesses
316
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Listed by: Rosalie Daniel • Real Estate Center of West Palm Beach
Mls Name: BeachesMLS
Mls ID: #RX-11140394