West Palm Beach, FL — Rental Investment Analysis

🟡MODERATE— average returns

Cap Rate

4.8%

Below average

Monthly Cash Flow

-$591

After all expenses

Price-to-Rent

12.6

Investor-friendly

DSCR

0.76

Fails

📊 Key Metrics

Median Home Price: $432,453
Average Rent (3BR): $2,715/mo
Price-to-Rent Ratio: 12.6(good)
1% Rule: 0.66%(fails — need 1%+)
Cash-on-Cash Return: -6.7%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 4.8%(+0.5% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: +5.6% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.86%

of assessed value (FL avg)

Median Income

$63,062

household (FL avg)

Rent-to-Income

51.7%

Stretched

Section 8 Max Rent

$2,715/mo

3BR voucher payment

🏛️ FL Investor Climate

Landlord Friendly

8/10

State Income Tax

✅ None

Property Tax

0.86% effective

Population Trend

+5.6% (3yr)

🏘️ Best Zip Codes in West Palm Beach for Investors

33409

Cap Rate: 7.2%Cash Flow: +$208/mo$304,905

33415

Cap Rate: 7.2%Cash Flow: +$191/mo$281,953

33407

Cap Rate: 5.6%Cash Flow: -$215/mo$347,123

All Zip Codes in West Palm Beach

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
33409	7.2%	+$208	$304,905	$2,760/mo	1.13
33415	7.2%	+$191	$281,953	$2,550/mo	1.13
33407	5.6%	-$215	$347,123	$2,590/mo	0.88
33413	5.0%	-$541	$480,541	$3,290/mo	0.79
33401	4.6%	-$642	$440,761	$2,840/mo	0.73
33406	4.5%	-$669	$424,145	$2,670/mo	0.70
33411	4.4%	-$780	$464,892	$2,870/mo	0.68
33405	2.2%	-$2,136	$615,111	$2,450/mo	0.35