BRRRR · Market playbook

How to BRRRR in West Palm Beach, FL

BRRRR in West Palm Beach is a 6.99% gross yield play — $2,327/mo rent on a $400k median. Whether that cash-flows depends on your debt cost.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

Workable 83/100

West Palm Beach is a workable BRRRR market — tight but bankable math on disciplined deals.

TL;DR — data signals
  • Gross yield 6.99% — above national baseline
  • Rent $2,327/mo vs. national $1,930 — rent-strong
  • DSCR expectation at 75% LTV / 7.5%: 1.20+ comfortable
  • Appreciation risk to refi: flat — neutral

Start with the gross math. West Palm Beach's typical home value is $399,650; ZORI (Zillow's rent index) sits at $2,327/mo. That's 6.99% gross annual yield. That's well above the national 4-5% baseline — meaningful cushion for a BRRRR to pencil even at today's debt cost.

Run the DSCR sanity check. Assume 75% LTV refi at 7.5% interest, 30-year, plus taxes + insurance + 8% PM + 8% vacancy/capex reserve. On these inputs you should clear DSCR 1.20+ in West Palm Beach with comfortable headroom. Cash-flow at $200-400/door is achievable on a properly underwritten property.

Rent demand color: West Palm Beach rents ($2,327) sit 21% above the national median ($1,930). Above-average rent + below-average prices is the BRRRR sweet spot — that's why the gross yield is healthy.

Refi appraisal risk: West Palm Beach home values are flat YoY — refi appraisals should support your renovated comp on a properly scoped rehab. No softening tailwind to worry about, no appreciation tailwind to lean on.

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West Palm Beach at a glance

The numbers behind the analysis.

$400k
Median value
-2.3%
YoY
$2,327
Median rent
6.99%
Gross yield
Full West Palm Beach market report
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