1601 Lakefield N Court, Wellington, FL, 33414 | $479/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1601 Lakefield N Court, Wellington, FL, 33414 | $479/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wellington at 1601 Lakefield N Court, Wellington, FL, 33414 earns $479/mo cash flow from $5,423/mo rent with a $3,646/mo payment. Total monthly income totals $5,423/mo, and annual cash flow totals $5,754/yr on $245,105 capital. ROI tracks 22.41% on current figures, and rental yield reads 8.74% at a $745,000 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 over five years. Five-year ROI reaches 116.8% and total cumulative return in cash sums $286,292. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,423/mo property income instead of your personal income.

Single Family

Built in 1997

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated lakefront home in the gated community of Lakefield North. Enjoy spectacular sunsets over the water from your heated saltwater pool and spa within a spacious screened enclosure. This 3-bedroom, 2-bath, 2-car garage home offers 1,944 sq. ft. of living space with an open floor plan, vaulted wood tongue-and-groove ceilings, and tile and wood flooring throughout. The updated kitchen features a stainless steel wall oven & microwave, a center island with seating, and opens to the living and dining areas for easy entertaining. The master suite offers tranquil lake views, while two guest bedrooms are positioned at the front of the home for added privacy. French doors lead to the pool patio, the perfect spot to relax and enjoy the view. Recent upgrades include a 2023 roof, 2021 AC and water heater, 2022 impact glass front door with screened porch, and a 2023 driveway. Plantation shutters accent every window, and accordion shutters provide full storm protection. The pool area features a newer screened enclosure over the heated saltwater freeform pool and spa, overlooking the lake with stunning sunset views. Located next to The Wanderers, offering golf, tennis, and social amenities just steps away, with Wellington's renowned equestrian venues, dining, and entertainment nearby.

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