280 Sulky 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
Rental property for sale in Wellington at 280 Sulky Way, Wellington, FL, 33414 priced at $875,000 converts $5,460/mo rent into after a $4,283/mo obligation. Total monthly income equals $5,460/mo. Return on cash invested prints 18.61% in year one, and rental yield reads 7.49% against a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation compiles into $241,746 by year five. Five-year ROI reaches 96.47% and total cumulative return in cash sums $277,703. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,460/mo property income covering a $4,283/mo payment, not borrower’s personal income.
Single Family
Built in 1980
N/A 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 |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1980
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Detached
Location
- City: Wellington
- State: FL
- Subdivision: N/A
- Lot Size: N/A
- Lot Features: N/A
- View: N/A
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: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lacie Lugo • Realty Of America, LLC
Mls Name: HAR
Mls ID: #57657856