103 16th Avenue South, Lake Worth, FL, 33460 | $264/mo Cash Flow

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake Worth at 103 16th Avenue South, Lake Worth, FL, 33460 generates $3,880/mo in rent and, after a $2,667/mo payment, leaves $264/mo in cash flow. Total monthly income is $3,880/mo, and annual cash flow is $3,168/yr on $179,272 invested. Return on cash invested sits at 21.83% in year one, and rental yield is 8.54% on a $544,900 entry. Equity gained on principal adds $3,516/yr, while 5% annual appreciation builds toward $150,546 over five years. Five-year ROI reaches 113.68% and total cumulative return in cash sums $203,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,880/mo property income rather than buyer’s personal income.

Single Family

Built in 1966

7,500 sqft lot

$N/A/sqft

No HOA