85 Stoney DrPalm Beach GardensFL33410
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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 Palm Beach Gardens at 85 Stoney Dr, Palm Beach Gardens, FL, 33410 priced at $710,900 converts $5,220/mo rent into $502/mo cash flow after a $3,480/mo obligation. Total monthly income equals $5,220/mo, and annual cash flow totals $6,022/yr on $233,886 invested. Return on cash invested prints 22.64% in year one, and rental yield reads 8.81% against a $710,900 entry. Equity gained on principal adds $4,587/yr, while 5% annual appreciation compiles into $196,409 by year five. Five-year ROI reaches 118.02% and total cumulative return in cash sums $276,030. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,220/mo property income covering a $3,480/mo payment, not borrower’s personal income.
Single Family
Built in 2005
3,946 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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Listed by: Rochele Minerd • Mainstay Brokerage LLC
Mls Name: BeachesMLS
Mls ID: #F10529416