9278 Bloomfield DrivePalm Beach GardensFL33410
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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 9278 Bloomfield Drive, Palm Beach Gardens, FL, 33410 offers a 9.17% rental yield on a $509,000 purchase with $3,889/mo rent. Total monthly income registers $3,889/mo, and a $2,491/mo payment leaves $511/mo available for distribution. Annual cash flow reaches $6,138/yr on $167,461 to close, and return on cash invested stands at 23.73% in year one. Equity gained on principal adds $3,285/yr while 5% annual appreciation supports $140,627 over five years. Portfolio math shows five-year ROI at 123.88% and total cumulative return in cash at $207,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,889/mo property income against a $2,491/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33410, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,945 (100%) |
| Owner Occupied HU | 11,740 (65.4%) |
| Renter Occupied HU | 4,521 (25.2%) |
| Vacant Housing Units | 1,684 ( 9.4%) |
| Median Home Value | $562,031 |
| Average Home Value | $758,647 |
Housing Distribution
Address Breakdown
Residential
17,511
Single Family
12,828
Multi-Family
4,683
Businesses
1,683
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Listed by: Karin Hehn Bell • RE/MAX Properties
Mls Name: BeachesMLS
Mls ID: #RX-11118575