2210 Seminole Palms Drive DriveGreenacresFL33463
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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 Greenacres at 2210 Seminole Palms Drive Drive, Greenacres, FL, 33463 offers a 8.87% rental yield on a $364,583 purchase with $2,695/mo rent. Total monthly income registers $2,695/mo, and a $1,784/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,312/yr on $120,859 to close, and return on cash invested stands at 22.65% in year one. Equity gained on principal adds $2,353/yr while 5% annual appreciation supports $100,728 over five years. Portfolio math shows five-year ROI at 118.16% and total cumulative return in cash at $142,808. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,695/mo property income against a $1,784/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
2,069 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33463, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,692 (100%) |
| Owner Occupied HU | 15,571 (68.6%) |
| Renter Occupied HU | 5,701 (25.1%) |
| Vacant Housing Units | 1,420 ( 6.3%) |
| Median Home Value | $424,162 |
| Average Home Value | $447,452 |
Housing Distribution
Address Breakdown
Residential
22,140
Single Family
16,846
Multi-Family
5,294
Businesses
831
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Listed by: Sophia Michel • Keller Williams Realty/P B
Mls Name: BeachesMLS
Mls ID: #RX-11112561