Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wellington at 1601 Corsica Drive, Wellington, FL, 33414 offers $8,616/mo rent that, after a $4,327/mo payment, leaves $2,669/mo cash flow. Total monthly income is $8,616/mo, and annual cash flow is $32,032/yr on $290,836 cash. Return on cash invested measures 31.07% in year one, and rental yield stands at 11.7% at a $884,000 entry. Equity gained on principal adds $5,704/yr while 5% annual appreciation compounds into $244,233 by year five. Five-year ROI records 163.4% and total cumulative return in cash reaches $475,228. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,616/mo property income versus a $4,327/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
8,450 sqft lot
$N/A/sqft
$80 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 |
|---|---|---|
| 2025-02-11 | Listed for sale | $884,000 |
| 2024-09-20 | Listing removed | $884,000 |
| 2024-09-02 | Listed for sale | $884,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $6620.00 | 2.62% | $353,146 | 3.00% |
| 2022-02-14 | $6451.00 | 1.40% | $342,860 | 3.00% |
| 2021-02-14 | $6362.00 | 1.28% | $332,874 | 1.40% |
Listed by: Oscar Payot • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11061287
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 2025 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.
