16744 E Lancashire 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 16744 E Lancashire Drive, Loxahatchee, FL, 33470 offers a 8.28% rental yield on a $529,999 purchase with $3,655/mo rent. Total monthly income registers $3,655/mo, and a $2,594/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,655/yr on $174,370 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 109.29% and total cumulative return in cash at $190,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,655/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
1.18 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-11147908