910 Cypress Way EPalm SpringsFL33406
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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 Palm Springs at 910 Cypress Way E, Palm Springs, FL, 33406 offers a 8.58% rental yield on a $274,900 purchase with $1,966/mo rent. Total monthly income registers $1,966/mo, and a $1,346/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,707/yr on $91,129 to close, and return on cash invested stands at 21.78% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 113.51% and total cumulative return in cash at $103,443. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,966/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33406, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,033 (100%) |
| Owner Occupied HU | 6,314 (62.9%) |
| Renter Occupied HU | 3,162 (31.5%) |
| Vacant Housing Units | 557 ( 5.6%) |
| Median Home Value | $446,327 |
| Average Home Value | $529,750 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
8,121
Multi-Family
1,520
Businesses
764
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Listed by: Natasha Olsak • Florida Brokers Real Estate
Mls Name: MIAMI
Mls ID: #A11881039