16311 E Secretariat DrLoxahatcheeFL33470
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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
Investment property for sale in Loxahatchee at 16311 E Secretariat Dr, Loxahatchee, FL, 33470 uses $200,690 cash to close to unlock $1,219/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $4,150/mo, and a $2,986/mo payment keeps the spread at $102/mo. Purchase price stands at $610,000, and rental yield measures 8.16% with $4,150/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 107.47% and total cumulative return in cash records $215,683. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,150/mo property income covering a $2,986/mo payment rather than investor’s personal income.
Single Family
Built in 2002
1.14 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: Gustavo Mendoza • VantaSure Realty LLC
Mls Name: MIAMI
Mls ID: #A11912686