1500 S PalmwayLake WorthFL33460
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 1500 S Palmway, Lake Worth, FL, 33460 in Lake Worth is straightforward: $849,000 in, $6,926/mo in rent, $428/mo out after debt service. The 9.79% gross yield and 1.81 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $234,563 by year five. With $7,819/yr in principal equity, the total cumulative return is projected at $354,869.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $428 | $300 |
City averages based on Lake Worth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,926 |
| Total Monthly Debt Service | $6,160 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1931
0.52 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1931
0.52 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannine Principe Puleo • Compass Florida LLC (PB)
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11096130
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.