7551 Orchid Hammock DriveWest 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 7551 Orchid Hammock Drive, West Palm Beach, FL, 33412 uses $254,975 cash to close to unlock $16,251/yr annual cash flow and $1,354/mo monthly cash flow. Total monthly income runs $6,497/mo, and a $3,793/mo payment keeps the spread at $1,354/mo. Purchase price stands at $775,000, and rental yield measures 10.06% with $6,497/mo rent. Return on cash invested shows 26.43% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 138.39% and total cumulative return in cash records $352,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,497/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A 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: Eric Daniel Telchin • The Telchin Group LLC
Mls Name: BeachesMLS
Mls ID: #RX-11117322