16318 E E Pleasure Drive 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
Investment property for sale in Loxahatchee at 16318 E E Pleasure Drive Drive, Loxahatchee, FL, 33470 offers a 10.38% rental yield on a $699,999 purchase with $6,055/mo rent. Total monthly income registers $6,055/mo, and a $3,426/mo payment leaves $1,410/mo available for distribution. Annual cash flow reaches $16,918/yr on $230,300 to close, and return on cash invested stands at 27.41% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 143.6% and total cumulative return in cash at $330,699. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,055/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
N/A 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 Khan • RE/MAX Select Group
Mls Name: BeachesMLS
Mls ID: #RX-11104185