136 Evergreen DrLake ParkFL33403
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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 Lake Park at 136 Evergreen Dr, Lake Park, FL, 33403 with 5% annual appreciation on a $535,000 basis while $3,004/mo rent supports operations. 33% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,811 alongside rental yield of 6.74%. Five-year ROI measures 84.24% and total cumulative return in cash totals $148,276. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,004/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
8,928 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33403, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 2,923 (48.5%) |
| Renter Occupied HU | 2,738 (45.4%) |
| Vacant Housing Units | 365 ( 6.1%) |
| Median Home Value | $415,625 |
| Average Home Value | $486,190 |
Housing Distribution
Address Breakdown
Residential
5,408
Single Family
4,511
Multi-Family
897
Businesses
999
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