1526 Shaker CircleWellingtonFL33414
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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 Wellington at 1526 Shaker Circle, Wellington, FL, 33414 priced at $304,999 pairs $3,502/mo rent with $966/mo cash flow after a $1,493/mo payment. Total monthly income equals $3,502/mo, and annual cash flow comes to $11,590/yr on $101,107 invested. Return on cash invested is 31.37% in year one, and rental yield stands at 13.78% on a $304,999 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 167.11% and total cumulative return in cash reaches $168,957. For financing, Ziffy Mortgage’s DSCR program evaluates $3,502/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1981
1,346 sqft lot
$N/A/sqft
$498 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
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Listed by: Dustin Mercurio • Home Free Today Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11040613
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 2024 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.