1119 Vermilion DrLake WorthFL33461
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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 1119 Vermilion Dr, Lake Worth, FL, 33461 priced at $399,999 pairs $3,377/mo rent with $129/mo cash flow after a $1,958/mo payment. Total monthly income equals $3,377/mo, and annual cash flow comes to $1,548/yr on $132,600 invested. Return on cash invested is 21.08% in year one, and rental yield stands at 10.13% on a $399,999 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,512 by year five. Five-year ROI measures 111.62% and total cumulative return in cash reaches $148,011. For financing, Ziffy Mortgage’s DSCR program evaluates $3,377/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2016
N/A lot
$N/A/sqft
$236 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
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Listed by: Theodore Wootton • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11872026
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.