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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% |
Rental property for sale in Wellington at 1661 Lakefield North Court, Wellington, FL, 33414 offers $7,200/mo rent that, after a $4,160/mo payment, leaves $1,194/mo cash flow. Total monthly income is $7,200/mo, and annual cash flow is $14,331/yr on $279,650 cash. Return on cash invested measures 25.18% in year one, and rental yield stands at 10.16% at a $850,000 entry. Equity gained on principal adds $5,485/yr while 5% annual appreciation compounds into $234,839 by year five. Five-year ROI records 132.27% and total cumulative return in cash reaches $369,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,200/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
N/A lot
$N/A/sqft
$150 monthly 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 |
|---|---|---|
| 2025-04-29 | Listed for sale | $850,000 |
| 2015-03-21 | Sold | $420,000 |
| 2015-01-13 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $10148.00 | 7.90% | $474,450 | 10.00% |
| 2023-04-30 | $9405.00 | 11.26% | $431,318 | 10.00% |
| 2022-04-30 | $8453.00 | 10.04% | $392,107 | 10.00% |
Listed by: Jennifer Drahan • Keller Williams Realty - Welli
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11085979
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
