124 Abaco DrPalm SpringsFL33461
Nearby investment properties with comparable rents
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 Palm Springs at 124 Abaco Dr, Palm Springs, FL, 33461 at $450,000 posts ROI 22.37% with $306/mo cash flow from $3,439/mo rent. Total monthly income equals $3,439/mo, and annual cash flow records $3,668/yr on $149,175 to close. Return on cash invested measures 22.37% and rental yield reads 9.17% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 117.04% and total cumulative return in cash totals $174,594.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,439/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
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