802 Royal Palm Beach BoulevardWest 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
Rental property for sale in West Palm Beach at 802 Royal Palm Beach Boulevard, West Palm Beach, FL, 33411 priced at $425,000 pairs $3,380/mo rent with $560/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,380/mo, and annual cash flow comes to $6,717/yr on $140,888 invested. Return on cash invested is 24.68% in year one, and rental yield stands at 9.54% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 128.99% and total cumulative return in cash reaches $181,733. For financing, Ziffy Mortgage’s DSCR program evaluates $3,380/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
8,363 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: Michelle A Zwart • Continental Properties, Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11144330