13388 Polo Road W #201WellingtonFL33414
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
Rental property for sale in Wellington at 13388 Polo Road W #201, Wellington, FL, 33414 generates $3,683/mo in rent, after a $3,842/mo payment. Total monthly income is $3,683/mo. Return on cash invested sits at 4.4% in year one, and rental yield is 5.63% on a $785,000 entry. Equity gained on principal adds $5,065/yr, while 5% annual appreciation builds toward $216,881 over five years. Five-year ROI reaches 23.31% and total cumulative return in cash sums $60,206. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,683/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$1,400 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Listed for sale | $785,000 |
| 2025-08-12 | Listed for rent | $8,000 |
| 2023-12-22 | Sold | $733,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-02 | $12322.00 | 68.47% | $620,000 | 113.50% |
| 2023-09-02 | $7314.00 | 23.99% | $290,400 | 10.00% |
| 2022-09-02 | $5899.00 | 11.79% | $264,000 | 10.00% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Condo
- Year Built: 1979
- Architectural Style: N/A
- Building Area: 1,560
- Living Area: 1,560 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central Individual
- Cooling: Central Individual
- Flooring: Wood
- Interior Features: Walk-In Closet(s)
- Exterior Features: Covered Balcony
- Parking Features: Assigned, Garage - Detached
Location
- City: Wellington
- State: FL
- Subdivision: Hurlingham Condo
- Lot Size: N/A
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $1,400 monthly
- Association Fee: $1,400 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Common Areas
Utilities
- Utilities: Cable Connected, Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: New Horizons Elementary School
- Middle School: Polo Park Middle School
- High School: Wellington High School
Listed by: Michelle Hall • Equestrian Sotheby's International Realty Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11120254
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.