1505 N N StreetLake WorthFL33460
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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 1505 N N Street, Lake Worth, FL, 33460 generates $2,846/mo in rent, after a $2,203/mo payment. Total monthly income is $2,846/mo. Return on cash invested sits at 18.78% in year one, and rental yield is 7.59% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 97.38% and total cumulative return in cash sums $145,266. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,846/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
5,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Justin Michael Himmelbaum • KW Innovations
Mls Name: BeachesMLS
Mls ID: #RX-11115044