8240 Heritage Club 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 8240 Heritage Club Drive, West Palm Beach, FL, 33412 listed at $879,000 pairs $6,791/mo rent with a $4,302/mo payment to leave $958/mo cash flow. Total monthly income runs $6,791/mo, and annual cash flow reaches $11,497/yr on $289,191 cash to close. Return on cash invested measures 24.04% in year one, and rental yield registers 9.27% at a $879,000 basis. Equity gained on principal adds $5,672/yr, and annual property appreciation at 5% supports $242,851 by year five. Five-year ROI tracks 125.54% and total cumulative return in cash totals $363,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,791/mo property income relative to a $4,302/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
4,559 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: Cindy M Getzoff • Signature Best Florida Realty
Mls Name: BeachesMLS
Mls ID: #RX-11117402