117 Mayfield 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
Investment property for sale in Lantana at 117 Mayfield Road, Lantana, FL, 33462 with 5% annual appreciation on a $479,000 basis while $2,453/mo rent supports operations. 43% in year one. Equity gained on principal adds $3,091/yr, and five-year appreciation sums $132,339 alongside rental yield of 6.15%. Five-year ROI measures 74.04% and total cumulative return in cash totals $117,567. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,453/mo property income versus a $2,344/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
5,699 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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