209 S PalmwayLake WorthFL33460
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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
Rental property for sale in Lake Worth at 209 S Palmway, Lake Worth, FL, 33460 priced at $949,000 converts $4,136/mo rent into after a $4,645/mo obligation. Total monthly income equals $4,136/mo. Return on cash invested prints 10.55% in year one, and rental yield reads 5.23% against a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation compiles into $262,191 by year five. Five-year ROI reaches 53.65% and total cumulative return in cash sums $167,508. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,136/mo property income covering a $4,645/mo payment, not borrower’s personal income.
Single Family
Built in 1931
6,750 sqft lot
$N/A/sqft
No HOA
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Listed by: Todd Master • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11830132
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