Pays for itselfFits 3 partner lending programs

DSCR investment property · South Palm Beach

3500 S Ocean Blvd, Apt 401, South Palm Beach, FL 33480

South Palm Beach, FL 33480 · 1 bd · 1.5 ba · 735 sqft · Condo · 117 days on market

The math, in full

Asking price
$239,900
Down payment (15%)
$35,985
Loan amount
$203,915
Est. monthly rent
$3,625/mo
Range $3,081 to $4,169/mo
Monthly payment, all-in
$2,877/mo
Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR)
1.26
$3,625 rent ÷ $2,877 payment
Monthly cashflow
+$748/mo
What's left after the payment

Where the rent number comes from

Median asking rent for 1-bedroom homes in zip 33480, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$35,985

15% down on $239,900

Clayhouse Mortgage — FloridaYour local lender
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No credit pull. No obligation. A loan officer confirms real terms within one business day.

  • Screened against real lending criteria. This one fits 3 programs.
  • Qualifies on the property's rent, no W-2 or tax returns.
  • Listing data verified as of July 5, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.