222 N E StreetLake 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 222 N E Street, Lake Worth, FL, 33460 offers $2,602/mo rent that, after a $1,380/mo payment, leaves $579/mo cash flow. Total monthly income is $2,602/mo, and annual cash flow is $6,948/yr on $93,483 cash. Return on cash invested measures 27.34% in year one, and rental yield stands at 11.07% at a $282,000 entry. Equity gained on principal adds $1,820/yr while 5% annual appreciation compounds into $77,911 by year five. Five-year ROI records 144.04% and total cumulative return in cash reaches $134,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,602/mo property income versus a $1,380/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
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Listed by: Bret Taylor • Southdale Properties Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11001988
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 2024 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.