220 Croton Avenue #206LantanaFL33462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lantana at 220 Croton Avenue #206, Lantana, FL, 33462 offers a 9.54% rental yield on a $181,000 purchase with $1,439/mo rent. Total monthly income registers $1,439/mo, and a $886/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,853/yr on $60,002 to close, and return on cash invested stands at 24.66% in year one. Equity gained on principal adds $1,168/yr while 5% annual appreciation supports $50,007 over five years. Portfolio math shows five-year ROI at 128.91% and total cumulative return in cash at $77,347. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,439/mo property income against a $886/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices