813 Hummingbird Way APT 7ANorth Palm BeachFL33408
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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 North Palm Beach at 813 Hummingbird Way APT 7A, North Palm Beach, FL, 33408 priced at $253,500 pairs $2,230/mo rent with $180/mo cash flow after a $1,241/mo payment. Total monthly income equals $2,230/mo, and annual cash flow comes to $2,159/yr on $84,035 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 10.56% on a $253,500 basis. Equity gained on principal adds $1,636/yr, and 5% annual appreciation accumulates to $70,037 by year five. Five-year ROI measures 119.1% and total cumulative return in cash reaches $100,085. For financing, Ziffy Mortgage’s DSCR program evaluates $2,230/mo property income against a $1,241/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$252 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33408, North Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 7,367 (58.0%) |
| Renter Occupied HU | 2,617 (20.6%) |
| Vacant Housing Units | 2,707 (21.3%) |
| Median Home Value | $702,045 |
| Average Home Value | $877,462 |
Housing Distribution
Address Breakdown
Residential
11,371
Single Family
5,958
Multi-Family
5,413
Businesses
1,371
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Listed by: N/A • N/A
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