833 Millbrae Ct UNIT 6West Palm BeachFL33401
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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 833 Millbrae Ct UNIT 6, West Palm Beach, FL, 33401 listed at $499,000 pairs $4,661/mo rent with a $2,442/mo payment to leave $336/mo cash flow. Total monthly income runs $4,661/mo, and annual cash flow reaches $4,028/yr on $165,419 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 11.21% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 119.16% and total cumulative return in cash totals $197,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,661/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$2,550 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33401, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,533 (100%) |
| Owner Occupied HU | 5,581 (25.9%) |
| Renter Occupied HU | 11,921 (55.4%) |
| Vacant Housing Units | 4,031 (18.7%) |
| Median Home Value | $635,286 |
| Average Home Value | $769,580 |
Housing Distribution
Address Breakdown
Residential
17,747
Single Family
6,570
Multi-Family
11,177
Businesses
2,352
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Listed by: Manojkumar Ajmeri • United Realty Group Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11744444
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.