8669 Oldham WayWest 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
Rental property for sale in West Palm Beach at 8669 Oldham Way, West Palm Beach, FL, 33412 offers $7,184/mo rent that, after a $4,038/mo payment, leaves $1,709/mo cash flow. Total monthly income is $7,184/mo, and annual cash flow is $20,509/yr on $271,425 cash. Return on cash invested measures 27.62% in year one, and rental yield stands at 10.45% at a $825,000 entry. Equity gained on principal adds $5,324/yr while 5% annual appreciation compounds into $227,932 by year five. Five-year ROI records 144.74% and total cumulative return in cash reaches $392,865. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,184/mo property income versus a $4,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.28 Acres 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: Victoria Wolf Rosenfield • Leibowitz Realty Group, LLC./PBG
Mls Name: BeachesMLS
Mls ID: #RX-11151622