1624 Lindley StreetMangonia ParkFL33407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mangonia Park at 1624 Lindley Street, Mangonia Park, FL, 33407 earns $351/mo cash flow from $2,866/mo rent with a $1,855/mo payment. Total monthly income totals $2,866/mo, and annual cash flow totals $4,211/yr on $125,639 capital. ROI tracks 23.26% on current figures, and rental yield reads 9.07% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 121.39% and total cumulative return in cash sums $152,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,866/mo property income instead of your personal income.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33407, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,707 (100%) |
| Owner Occupied HU | 6,077 (38.7%) |
| Renter Occupied HU | 7,818 (49.8%) |
| Vacant Housing Units | 1,812 (11.5%) |
| Median Home Value | $345,745 |
| Average Home Value | $453,369 |
Housing Distribution
Address Breakdown
Residential
13,884
Single Family
9,698
Multi-Family
4,186
Businesses
1,707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mariela Maria Jesus Vega-Herklotz • Keller Williams Realty/P B
Mls Name: BeachesMLS
Mls ID: #RX-11156648