16243 E Calder DriveLoxahatcheeFL33470
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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
Investment Highlights
Rental property for sale in Loxahatchee at 16243 E Calder Drive, Loxahatchee, FL, 33470 generates $6,360/mo in rent and, after a $3,328/mo payment, leaves $1,848/mo in cash flow. Total monthly income is $6,360/mo, and annual cash flow is $22,172/yr on $223,720 invested. Return on cash invested sits at 29.97% in year one, and rental yield is 11.22% on a $679,999 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 157.35% and total cumulative return in cash sums $352,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,360/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33470, Loxahatchee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 12,894 (86.2%) |
| Renter Occupied HU | 784 ( 5.2%) |
| Vacant Housing Units | 1,272 ( 8.5%) |
| Median Home Value | $622,237 |
| Average Home Value | $681,369 |
Housing Distribution
Address Breakdown
Residential
13,536
Single Family
12,339
Multi-Family
1,197
Businesses
551
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Listed by: Michael William Sheriff • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #RX-11097062