8597 White CayWest Palm BeachFL33411
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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 8597 White Cay, West Palm Beach, FL, 33411 offers a 10.73% rental yield on a $478,500 purchase with $4,278/mo rent. Total monthly income registers $4,278/mo, and a $2,342/mo payment leaves $1,103/mo available for distribution. Annual cash flow reaches $13,231/yr on $158,623 to close, and return on cash invested stands at 28.25% in year one. Equity gained on principal adds $3,088/yr while 5% annual appreciation supports $132,201 over five years. Portfolio math shows five-year ROI at 148.16% and total cumulative return in cash at $235,022. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,278/mo property income against a $2,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33411, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,101 (100%) |
| Owner Occupied HU | 21,317 (70.8%) |
| Renter Occupied HU | 7,003 (23.3%) |
| Vacant Housing Units | 1,781 ( 5.9%) |
| Median Home Value | $481,969 |
| Average Home Value | $527,515 |
Housing Distribution
Address Breakdown
Residential
29,377
Single Family
22,830
Multi-Family
6,547
Businesses
1,580
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Listed by: Joseph A Borzillieri • The Corcoran Group
Mls Name: Palm Beach BOR
Mls ID: #25-722
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.