11720 Saint Andrews Place #206WellingtonFL33414
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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 Wellington at 11720 Saint Andrews Place #206, Wellington, FL, 33414 earns $67/mo cash flow from $2,539/mo rent with a $1,823/mo payment. Total monthly income totals $2,539/mo, and annual cash flow totals $807/yr on $123,484 capital. ROI tracks 20.56% on current figures, and rental yield reads 8.18% at a $372,500 purchase. Equity gained on principal adds $2,404/yr, and 5% annual appreciation supports $102,915 over five years. Five-year ROI reaches 106.96% and total cumulative return in cash sums $132,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,539/mo property income instead of your personal income.
Condo
Built in 2001
365 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Dennis S Casper LLC • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11140699