832 Lytle StreetWest 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
Investment property for sale in West Palm Beach at 832 Lytle Street, West Palm Beach, FL, 33405 with 5% annual appreciation on a $350,000 basis while $2,628/mo rent supports operations. Total monthly income totals $2,628/mo and a $1,713/mo payment preserves $305/mo for cash returns. Annual cash flow comes to $3,665/yr on $116,025 deployed, and return on cash invested reaches 23.07% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 9.01%. Five-year ROI measures 120.39% and total cumulative return in cash totals $139,682.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,628/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
5,639 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: Jeffrey Charles Skulnik • Sutter & Nugent LLC
Mls Name: BeachesMLS
Mls ID: #RX-11157989