718 Pinehurst WayPalm Beach GardensFL33418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palm Beach Gardens at 718 Pinehurst Way, Palm Beach Gardens, FL, 33418 earns $1,847/mo cash flow from $7,216/mo rent with a $3,960/mo payment. Total monthly income totals $7,216/mo, and annual cash flow totals $22,164/yr on $266,161 capital. ROI tracks 28.39% on current figures, and rental yield reads 10.7% at a $809,000 purchase. Equity gained on principal adds $5,220/yr, and 5% annual appreciation supports $223,512 over five years. Five-year ROI reaches 148.86% and total cumulative return in cash sums $396,217. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,216/mo property income instead of your personal income.
Single Family
Built in 1992
6,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33418, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 16,453 (70.1%) |
| Renter Occupied HU | 4,410 (18.8%) |
| Vacant Housing Units | 2,611 (11.1%) |
| Median Home Value | $742,009 |
| Average Home Value | $890,923 |
Housing Distribution
Address Breakdown
Residential
22,155
Single Family
16,257
Multi-Family
5,898
Businesses
508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan Garces • William Raveis Florida, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11136860