7646 Red River RdWest Palm BeachFL33411
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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 7646 Red River Rd, West Palm Beach, FL, 33411 listed at $845,000 pairs $5,810/mo rent with a $4,136/mo payment to leave $202/mo cash flow. Total monthly income runs $5,810/mo, and annual cash flow reaches $2,427/yr on $278,005 cash to close. Return on cash invested measures 20.93% in year one, and rental yield registers 8.25% at a $845,000 basis. Equity gained on principal adds $5,453/yr, and annual property appreciation at 5% supports $233,458 by year five. Five-year ROI tracks 108.9% and total cumulative return in cash totals $302,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,810/mo property income relative to a $4,136/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Julianna Kushnir • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11945228