1516 S Lakeside Drive #207,Lake Worth,FL,33460

Investment Highlights

Investment property for sale in Lake Worth at 1516 S Lakeside Drive #207, Lake Worth, FL, 33460 listed at $170,000 pairs $1,322/mo rent with a $832/mo payment to leave $194/mo cash flow. Total monthly income runs $1,322/mo, and annual cash flow reaches $2,327/yr on $56,355 cash to close. Return on cash invested measures 24.04% in year one, and rental yield registers 9.33% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 125.56% and total cumulative return in cash totals $70,761. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,322/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).