133 Amherst LaneLake WorthFL33467
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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 133 Amherst Lane, Lake Worth, FL, 33467 priced at $211,500 converts $2,225/mo rent into $246/mo cash flow after a $1,035/mo obligation. Total monthly income equals $2,225/mo, and annual cash flow totals $2,950/yr on $70,112 invested. Return on cash invested prints 24.12% in year one, and rental yield reads 12.62% against a $211,500 entry. Equity gained on principal adds $1,365/yr, while 5% annual appreciation compiles into $58,434 by year five. Five-year ROI reaches 129.56% and total cumulative return in cash sums $90,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,225/mo property income covering a $1,035/mo payment, not borrower’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$537 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33467, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,072 (100%) |
| Owner Occupied HU | 21,130 (78.1%) |
| Renter Occupied HU | 3,524 (13.0%) |
| Vacant Housing Units | 2,418 ( 8.9%) |
| Median Home Value | $513,106 |
| Average Home Value | $550,949 |
Housing Distribution
Address Breakdown
Residential
25,492
Single Family
19,736
Multi-Family
5,756
Businesses
765
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Listed by: Andrea Ulrich • LoKation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11021429
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.