822 S Florida Mango RdWest Palm BeachFL33406
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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 S Florida Mango Rd, West Palm Beach, FL, 33406 priced at $299,251 converts $4,510/mo rent into $2,524/mo cash flow after a $1,465/mo obligation. Total monthly income equals $4,510/mo, and annual cash flow totals $30,286/yr on $99,202 invested. Return on cash invested prints 50.44% in year one, and rental yield reads 18.09% against a $299,251 entry. Equity gained on principal adds $1,931/yr, while 5% annual appreciation compiles into $82,678 by year five. Five-year ROI reaches 267.13% and total cumulative return in cash sums $265,001. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,510/mo property income covering a $1,465/mo payment, not borrower’s personal income.
Single Family
Built in 1983
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33406, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,033 (100%) |
| Owner Occupied HU | 6,314 (62.9%) |
| Renter Occupied HU | 3,162 (31.5%) |
| Vacant Housing Units | 557 ( 5.6%) |
| Median Home Value | $446,327 |
| Average Home Value | $529,750 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
8,121
Multi-Family
1,520
Businesses
764
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