120 N M Street #MLake WorthFL33460
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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 Lake Worth at 120 N M Street #M, Lake Worth, FL, 33460 offers $1,699/mo rent that, after a $1,199/mo payment. Total monthly income is $1,699/mo. Return on cash invested measures 11.39% in year one, and rental yield stands at 8.32% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 61.26% and total cumulative return in cash reaches $49,752. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,699/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
$650 monthly HOA
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Listed by: Marjorie Carr • Equestrian Sotheby's International Realty Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11006314
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 2025 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.