112 Prospect RoadLantanaFL33462
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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 Prospect Road, Lantana, FL, 33462 priced at $579,000 pairs $4,206/mo rent with $364/mo cash flow after a $2,834/mo payment. Total monthly income equals $4,206/mo, and annual cash flow comes to $4,363/yr on $190,491 invested. Return on cash invested is 22.35% in year one, and rental yield stands at 8.72% on a $579,000 basis. Equity gained on principal adds $3,736/yr, and 5% annual appreciation accumulates to $159,967 by year five. Five-year ROI measures 116.49% and total cumulative return in cash reaches $221,911. For financing, Ziffy Mortgage’s DSCR program evaluates $4,206/mo property income against a $2,834/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1953
7,405 sqft 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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