111 Lake Avenue #8,Lake Worth,FL,33460

Investment Highlights

Investment property for sale in Lake Worth at 111 Lake Avenue #8, Lake Worth, FL, 33460 offers a 8.95% rental yield on a $349,000 purchase with $2,604/mo rent. Total monthly income registers $2,604/mo, and a $1,708/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,458/yr on $115,694 to close, and return on cash invested stands at 22.9% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 119.48% and total cumulative return in cash at $138,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,604/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.