1008 N 6th AvenueLake WorthFL33460
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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 Lake Worth at 1008 N 6th Avenue, Lake Worth, FL, 33460 offers a 8.62% rental yield on a $450,000 purchase with $3,232/mo rent. Total monthly income registers $3,232/mo, and a $2,203/mo payment leaves $245/mo available for distribution. Annual cash flow reaches $2,943/yr on $149,175 to close, and return on cash invested stands at 21.88% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 114.02% and total cumulative return in cash at $170,094. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,232/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1965
6,754 sqft lot
$N/A/sqft
No HOA
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Listed by: Hadar Goldberg PA • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls ID: #RX-11116821