1139 Hickory TrailWellingtonFL33414
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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
Investment Highlights
Investment property for sale in Wellington at 1139 Hickory Trail, Wellington, FL, 33414 offers a 10.45% rental yield on a $624,900 purchase with $5,441/mo rent. Total monthly income registers $5,441/mo, and a $3,059/mo payment leaves $1,294/mo available for distribution. Annual cash flow reaches $15,524/yr on $205,592 to close, and return on cash invested stands at 27.61% in year one. Equity gained on principal adds $4,032/yr while 5% annual appreciation supports $172,648 over five years. Portfolio math shows five-year ROI at 144.71% and total cumulative return in cash at $297,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,441/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.38 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-22 | Price change | $624,900 |
| 2024-06-27 | Price change | $649,900 |
| 2024-06-11 | Price change | $650,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $5104.00 | 3.19% | $272,872 | 3.00% |
| 2022-12-25 | $4946.00 | 1.75% | $264,924 | 3.00% |
| 2021-12-25 | $4861.00 | 1.52% | $257,208 | 1.40% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1979
- Architectural Style: N/A
- Building Area: 2,834
- Living Area: 1,856 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Ceramic Tile
- Interior Features: Entrance Foyer, Split Bedroom
- Exterior Features: Zoned Sprinkler
- Parking Features: Driveway, Garage - Attached
Location
- City: Wellington
- State: FL
- Subdivision: South Shore 4 Of Wellington
- Lot Size: 0.38 Acres
- Lot Features: 1/4 to 1/2 Acre
- View: Garden
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Wellington Elementary School
- Middle School: Wellington Landings Middle
- High School: Wellington High School
Listed by: Steven Prince • Tolliver Prince Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10999807
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.