11102 Alameda Bay CtWellingtonFL33414
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 11102 Alameda Bay Ct, Wellington, FL, 33414 in Wellington speaks for itself: 33.18% gross on a $599,900 price, generating $16,586/mo in rent and $12,605/mo in net income after the $2,698/mo debt service. DSCR 6.15, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $151,265 stacks alongside $165,741 in projected five-year appreciation and $5,525/yr in principal reduction. Projected total cumulative return: $1,039,776.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 33.2% | 6.5% |
| Monthly Cash Flow | $12,605 | $1,500 |
City averages based on Wellington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $16,586 |
| Total Monthly Debt Service | $3,742 |
| DSCR Ratio | 4.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raquel Littlejohn • Mainstay Brokerage LLC
Mls Name: BeachesMLS
Mls ID: #F10526755