7199 42nd Ter N UNIT 1186,West Palm Beach,FL,33404

Investment Highlights

Investment property for sale in West Palm Beach at 7199 42nd Ter N UNIT 1186, West Palm Beach, FL, 33404 offers a 9.23% rental yield on a $149,000 purchase with $1,146/mo rent. Total monthly income registers $1,146/mo, and a $729/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,890/yr on $49,394 to close, and return on cash invested stands at 23.74% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 124.01% and total cumulative return in cash at $61,252. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,146/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.