905 9th WayWest Palm BeachFL33407
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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 905 9th Way, West Palm Beach, FL, 33407 listed at $294,000 pairs $2,707/mo rent with a $1,439/mo payment to leave $151/mo cash flow. Total monthly income runs $2,707/mo, and annual cash flow reaches $1,811/yr on $97,461 cash to close. Return on cash invested measures 21.77% in year one, and rental yield registers 11.05% at a $294,000 basis. Equity gained on principal adds $1,897/yr, and annual property appreciation at 5% supports $81,227 by year five. Five-year ROI tracks 116.08% and total cumulative return in cash totals $113,136. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,707/mo property income relative to a $1,439/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
871.20 sqft lot
$N/A/sqft
$7,260 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33407, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,707 (100%) |
| Owner Occupied HU | 6,077 (38.7%) |
| Renter Occupied HU | 7,818 (49.8%) |
| Vacant Housing Units | 1,812 (11.5%) |
| Median Home Value | $345,745 |
| Average Home Value | $453,369 |
Housing Distribution
Address Breakdown
Residential
13,884
Single Family
9,698
Multi-Family
4,186
Businesses
1,707
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Listed by: Jose Lamazares • Trueway Realty LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225026885
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.