2377 Merriweather WayWellingtonFL33414
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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 Wellington at 2377 Merriweather Way, Wellington, FL, 33414 earns $160/mo cash flow from $6,763/mo rent with a $4,870/mo payment. Total monthly income totals $6,763/mo, and annual cash flow totals $1,920/yr on $327,355 capital. ROI tracks 20.65% on current figures, and rental yield reads 8.16% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 107.37% and total cumulative return in cash sums $351,474. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,763/mo property income instead of your personal income.
Single Family
Built in 2012
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
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Listed by: Sanna M Eronimous • Atlantic Florida Properties Inc
Mls Name: BeachesMLS
Mls ID: #RX-11137789