2688 Yarmouth DriveWellingtonFL33414
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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 2688 Yarmouth Drive, Wellington, FL, 33414 offers a 6.13% rental yield on a $739,000 purchase with $3,775/mo rent. 49% in year one. Equity gained on principal adds $4,769/yr while 5% annual appreciation supports $204,172 over five years. Portfolio math shows five-year ROI at 74.32% and total cumulative return in cash at $180,692. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,775/mo property income against a $3,617/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
10,452 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Listed for sale | $739,000 |
| 2025-01-23 | Sold | $670,000 |
| 2025-01-11 | Pending sale | $699,999 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-16 | $3623.00 | 3.07% | $194,392 | 3.00% |
| 2023-07-16 | $3515.00 | 4.33% | $188,730 | 3.00% |
| 2022-07-16 | $3369.00 | 2.46% | $183,233 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1990
- Architectural Style: Ranch,Traditional
- Building Area: 2,918
- Living Area: 2,082 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Carpet, Ceramic Tile, Wood
- Interior Features: Built-in Features, Closet Cabinets, Entry Lvl Lvng Area, Kitchen Island, Pantry, Split Bedroom, Walk-In Closet(s)
- Exterior Features: Auto Sprinkler, Custom Lighting, Zoned Sprinkler
- Parking Features: 2+ Spaces, Driveway, Garage - Attached, Auto Garage Open
Location
- City: Wellington
- State: FL
- Subdivision: Greenview Shores 2 Of Wellington
- Lot Size: 10,452 sqft
- Lot Features: < 1/4 Acre, Sidewalks
- View: Garden, Pool
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: New Horizons Elementary School
- Middle School: Wellington Landings Middle
- High School: Wellington High School
Listed by: Alma Bassie • Treasure Property Group LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11107990
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 2025 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.