110 Wellesley DrLake 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
Rental property for sale in Lake Worth at 110 Wellesley Dr, Lake Worth, FL, 33460 offers $6,539/mo rent that, after a $6,828/mo payment. Total monthly income is $6,539/mo. Return on cash invested measures 12.37% in year one, and rental yield stands at 5.62% at a $1,395,000 entry. Equity gained on principal adds $9,002/yr while 5% annual appreciation compounds into $385,413 by year five. Five-year ROI records 63.21% and total cumulative return in cash reaches $285,706. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,539/mo property income versus a $6,828/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Rachel Lorentzen • Brown Harris Stevens of Palm Beach 6598
Mls Name: Palm Beach BOR
Mls ID: #25-596
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