8198 Spyglass DriveWest Palm BeachFL33412
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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 8198 Spyglass Drive, West Palm Beach, FL, 33412 earns from $3,973/mo rent with a $4,258/mo payment. Total monthly income totals $3,973/mo. ROI tracks 12.51% on current figures, and rental yield reads 5.48% at a $870,000 purchase. Equity gained on principal adds $5,614/yr, and 5% annual appreciation supports $240,365 over five years. Five-year ROI reaches 63.73% and total cumulative return in cash sums $182,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,973/mo property income instead of your personal income.
Single Family
Built in 2004
10,418 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33412, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,756 (100%) |
| Owner Occupied HU | 6,514 (84.0%) |
| Renter Occupied HU | 647 ( 8.3%) |
| Vacant Housing Units | 595 ( 7.7%) |
| Median Home Value | $634,108 |
| Average Home Value | $726,792 |
Housing Distribution
Address Breakdown
Residential
7,255
Single Family
7,158
Multi-Family
97
Businesses
89
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Listed by: Marcel Sucker • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11113929