9991 Seagrass WayPalm 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 9991 Seagrass Way, Palm Beach Gardens, FL, 33412 offers a 4.37% rental yield on a $1,289,000 purchase with $4,694/mo rent. 28% in year one. Equity gained on principal adds $8,318/yr while 5% annual appreciation supports $356,127 over five years. Portfolio math shows five-year ROI at 46.33% and total cumulative return in cash at $193,494. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,694/mo property income against a $6,309/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
7,840 sqft 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: Kourtney Joyce Pulitzer • Sotheby's International Realty, Inc.
Mls Name: Palm Beach BOR
Mls ID: #25-1302