9186 Balsamo DrPalm Beach GardensFL33412
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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 Beach Gardens at 9186 Balsamo Dr, Palm Beach Gardens, FL, 33412 earns from $4,209/mo rent with a $6,015/mo payment. Total monthly income totals $4,209/mo. ROI tracks 7.33% on current figures, and rental yield reads 4.11% at a $1,229,000 purchase. Equity gained on principal adds $7,931/yr, and 5% annual appreciation supports $339,550 over five years. Five-year ROI reaches 36.3% and total cumulative return in cash sums $144,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,209/mo property income instead of your personal income.
Single Family
Built in 2022
N/A 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: Lynn B. Telling • Illustrated Properties LLC
Mls Name: Palm Beach BOR
Mls ID: #24-1700
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.