822 Avenida HermosaWest Palm BeachFL33405
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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 822 Avenida Hermosa, West Palm Beach, FL, 33405 priced at $475,000 pairs $4,578/mo rent with $1,426/mo cash flow after a $2,325/mo payment. Total monthly income equals $4,578/mo, and annual cash flow comes to $17,109/yr on $157,463 invested. Return on cash invested is 30.77% in year one, and rental yield stands at 11.57% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 161.69% and total cumulative return in cash reaches $254,599. For financing, Ziffy Mortgage’s DSCR program evaluates $4,578/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
6,211 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33405, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,740 (100%) |
| Owner Occupied HU | 4,738 (54.2%) |
| Renter Occupied HU | 3,176 (36.3%) |
| Vacant Housing Units | 826 ( 9.5%) |
| Median Home Value | $538,407 |
| Average Home Value | $743,392 |
Housing Distribution
Address Breakdown
Residential
8,159
Single Family
7,486
Multi-Family
673
Businesses
1,053
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Listed by: Cari Lopez • Smart Luxe
Mls Name: MIAMI
Mls ID: #A11893022