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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 2020 Newhaven Avenue, Wellington, FL, 33414 priced at $699,000 converts $4,393/mo rent into after a $3,421/mo obligation. Total monthly income equals $4,393/mo. Return on cash invested prints 18.18% in year one, and rental yield reads 7.54% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 94.35% and total cumulative return in cash sums $216,974. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,393/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2021-01-14 | Sold | $494,000 |
| 2020-11-25 | Listed for sale | $515,000 |
| 2012-12-04 | Sold | $289,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $7602.00 | 2.63% | $406,631 | 3.00% |
| 2023-04-10 | $7407.00 | 2.42% | $394,787 | 3.00% |
| 2022-04-10 | $7232.00 | -20.94% | $383,288 | -11.27% |
Listed by: Brian Martin • United Realty Group, Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11080118
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.
