2728 N Garden Drive #313Lake WorthFL33461
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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 Lake Worth at 2728 N Garden Drive #313, Lake Worth, FL, 33461 earns $141/mo cash flow from $903/mo rent with a $562/mo payment. Total monthly income totals $903/mo, and annual cash flow totals $1,691/yr on $38,089 capital. ROI tracks 24.35% on current figures, and rental yield reads 9.43% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 127.22% and total cumulative return in cash sums $48,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $903/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
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Listed by: Sharon L Tocket • Gracious Homes Realty, Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11091711