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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 1602 Shaker. Circle Circle, Wellington, FL, 33414 uses $105,251 cash to close to unlock $1,668/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $2,246/mo, and a $1,554/mo payment keeps the spread at $139/mo. Purchase price stands at $317,500, and rental yield measures 8.49% with $2,246/mo rent. Return on cash invested shows 21.49% in year one, and 5% annual appreciation builds toward $87,719 over five years. Five-year ROI reaches 111.97% and total cumulative return in cash records $117,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,246/mo property income covering a $1,554/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Penny Dias • Simon Gray Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11144622
