714 Executive Center Dr APT 28West Palm BeachFL33401
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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 714 Executive Center Dr APT 28, West Palm Beach, FL, 33401 earns $180/mo cash flow from $1,931/mo rent with a $978/mo payment. Total monthly income totals $1,931/mo, and annual cash flow totals $2,164/yr on $66,267 capital. ROI tracks 23.18% on current figures, and rental yield reads 11.59% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 123.79% and total cumulative return in cash sums $82,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,931/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33401, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,533 (100%) |
| Owner Occupied HU | 5,581 (25.9%) |
| Renter Occupied HU | 11,921 (55.4%) |
| Vacant Housing Units | 4,031 (18.7%) |
| Median Home Value | $635,286 |
| Average Home Value | $769,580 |
Housing Distribution
Address Breakdown
Residential
17,747
Single Family
6,570
Multi-Family
11,177
Businesses
2,352
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Listed by: Segundo Decotto • United Realty Group, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11709893
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.