799 Quartz TerraceWest Palm BeachFL33413
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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
Rental property for sale in West Palm Beach at 799 Quartz Terrace, West Palm Beach, FL, 33413 priced at $585,000 pairs $4,661/mo rent with $779/mo cash flow after a $2,863/mo payment. Total monthly income equals $4,661/mo, and annual cash flow comes to $9,349/yr on $192,465 invested. Return on cash invested is 24.92% in year one, and rental yield stands at 9.56% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. Five-year ROI measures 130.28% and total cumulative return in cash reaches $250,746. For financing, Ziffy Mortgage’s DSCR program evaluates $4,661/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33413, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,884 (100%) |
| Owner Occupied HU | 4,005 (58.2%) |
| Renter Occupied HU | 2,561 (37.2%) |
| Vacant Housing Units | 318 ( 4.6%) |
| Median Home Value | $464,235 |
| Average Home Value | $583,542 |
Housing Distribution
Address Breakdown
Residential
6,101
Single Family
4,884
Multi-Family
1,217
Businesses
276
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Listed by: Ashla Johnson • Epique Realty, Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11143131