1861 Caribbean Road WLake Clarke ShoresFL33406
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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 Lake Clarke Shores at 1861 Caribbean Road W, Lake Clarke Shores, FL, 33406 listed at $825,000 pairs $5,003/mo rent with a $4,038/mo payment. Total monthly income runs $5,003/mo. Return on cash invested measures 17.97% in year one, and rental yield registers 7.28% at a $825,000 basis. Equity gained on principal adds $5,324/yr, and annual property appreciation at 5% supports $227,932 by year five. Five-year ROI tracks 93.03% and total cumulative return in cash totals $252,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,003/mo property income relative to a $4,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
10,810 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33406, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,033 (100%) |
| Owner Occupied HU | 6,314 (62.9%) |
| Renter Occupied HU | 3,162 (31.5%) |
| Vacant Housing Units | 557 ( 5.6%) |
| Median Home Value | $446,327 |
| Average Home Value | $529,750 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
8,121
Multi-Family
1,520
Businesses
764
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Listed by: Surizaday De Leon • Partnership Realty Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11128714