7885 Olympia DrWest 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 7885 Olympia Dr, West Palm Beach, FL, 33411 uses $132,600 cash to close to unlock $12,076/yr annual cash flow and $1,006/mo monthly cash flow. Total monthly income runs $3,661/mo, and a $1,958/mo payment keeps the spread at $1,006/mo. Purchase price stands at $400,000, and rental yield measures 10.98% with $3,661/mo rent. Return on cash invested shows 29.02% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 152.28% and total cumulative return in cash records $201,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,661/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1999
4,791 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: Joseph A Borzillieri • The Corcoran Group
Mls Name: Palm Beach BOR
Mls ID: #25-1453