1501 Crescent #B14Lake 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 1501 Crescent #B14, Lake Park, FL, 33403 listed at $122,500 pairs $977/mo rent with a $600/mo payment to leave $164/mo cash flow. Total monthly income runs $977/mo, and annual cash flow reaches $1,964/yr on $40,609 cash to close. Return on cash invested measures 24.74% in year one, and rental yield registers 9.57% at a $122,500 basis. Equity gained on principal adds $790/yr, and annual property appreciation at 5% supports $33,844 by year five. Five-year ROI tracks 129.4% and total cumulative return in cash totals $52,548. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $977/mo property income relative to a $600/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
N/A 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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