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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wellington at 1593 Cabot Ln APT 1, Wellington, FL, 33414 uses $96,102 cash to close to unlock $9,041/yr annual cash flow and $753/mo monthly cash flow. Total monthly income runs $3,176/mo, and a $1,419/mo payment keeps the spread at $753/mo. Purchase price stands at $289,900, and rental yield measures 13.15% with $3,176/mo rent. Return on cash invested shows 29.32% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 156.16% and total cumulative return in cash records $150,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,176/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1982
1.20 Acres lot
$N/A/sqft
$410 monthly HOA
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
| 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 |
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
Date | Event | Price |
|---|---|---|
| 2024-12-20 | Listed for sale | $289,900 |
| 2015-05-13 | Sold | $10,300 |
| 2003-02-06 | Sold | $91,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $3645.00 | 13.62% | $143,482 | 10.00% |
| 2022-12-25 | $3208.00 | 10.70% | $130,438 | 10.00% |
| 2021-12-25 | $2898.00 | 12.18% | $118,580 | 10.00% |
Listed by: Dorothy Willi • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4633156
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
