1840 S Ocean BlvdManalapanFL33462
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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 Manalapan at 1840 S Ocean Blvd, Manalapan, FL, 33462 projects strong ROI of 2.3%. Rental yield 2.11%. With 5% annual appreciation, the property builds $12,405,042 in value over five years. Equity growth combined delivers a projected five-year ROI of 8.93%, translating into $1,299,334 in total cumulative return on $14,547,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33462, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,778 (100%) |
| Owner Occupied HU | 8,313 (49.5%) |
| Renter Occupied HU | 5,805 (34.6%) |
| Vacant Housing Units | 2,660 (15.9%) |
| Median Home Value | $443,156 |
| Average Home Value | $566,185 |
Housing Distribution
Address Breakdown
Residential
14,984
Single Family
9,612
Multi-Family
5,372
Businesses
806
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