8679 Pluto TerraceWest Palm BeachFL33403
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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 8679 Pluto Terrace, West Palm Beach, FL, 33403 offers $2,471/mo rent that, after a $1,811/mo payment, leaves $16/mo cash flow. Total monthly income is $2,471/mo, and annual cash flow is $187/yr on $122,655 cash. Return on cash invested measures 20.06% in year one, and rental yield stands at 8.01% at a $370,000 entry. Equity gained on principal adds $2,388/yr while 5% annual appreciation compounds into $102,224 by year five. Five-year ROI records 104.26% and total cumulative return in cash reaches $127,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,471/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
3,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33403, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 2,923 (48.5%) |
| Renter Occupied HU | 2,738 (45.4%) |
| Vacant Housing Units | 365 ( 6.1%) |
| Median Home Value | $415,625 |
| Average Home Value | $486,190 |
Housing Distribution
Address Breakdown
Residential
5,408
Single Family
4,511
Multi-Family
897
Businesses
999
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Listed by: Janet G Mitchell • Destinations Realty
Mls Name: BeachesMLS
Mls ID: #RX-11089368