112 Milton StLantanaFL33462
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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 Lantana at 112 Milton St, Lantana, FL, 33462 priced at $715,000 converts $4,928/mo rent into $183/mo cash flow after a $3,500/mo obligation. Total monthly income equals $4,928/mo, and annual cash flow totals $2,193/yr on $235,235 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 8.27% against a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation compiles into $197,541 by year five. Five-year ROI reaches 109.21% and total cumulative return in cash sums $256,893. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,928/mo property income covering a $3,500/mo payment, not borrower’s personal income.
Multi Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33462, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,778 (100%) |
| Owner Occupied HU | 8,313 (49.5%) |
| Renter Occupied HU | 5,805 (34.6%) |
| Vacant Housing Units | 2,660 (15.9%) |
| Median Home Value | $443,156 |
| Average Home Value | $566,185 |
Housing Distribution
Address Breakdown
Residential
14,984
Single Family
9,612
Multi-Family
5,372
Businesses
806
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