15844 Binks Pointe TerWellingtonFL33414
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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 Wellington at 15844 Binks Pointe Ter, Wellington, FL, 33414 uses $217,272 cash to close to unlock $31,777/yr annual cash flow and $2,648/mo monthly cash flow. Total monthly income runs $7,420/mo, and a $3,232/mo payment keeps the spread at $2,648/mo. Purchase price stands at $660,400, and rental yield measures 13.48% with $7,420/mo rent. Return on cash invested shows 34.69% in year one, and 5% annual appreciation builds toward $182,456 over five years. Five-year ROI reaches 183.44% and total cumulative return in cash records $398,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,420/mo property income covering a $3,232/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
3,541 sqft lot
$N/A/sqft
$300 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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