301 Croton Ave APT 303LantanaFL33462
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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 Lantana at 301 Croton Ave APT 303, Lantana, FL, 33462 offers a 10.02% rental yield on a $225,100 purchase with $1,880/mo rent. Total monthly income registers $1,880/mo, and a $1,102/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $758/yr on $74,621 to close, and return on cash invested stands at 20.92% in year one. Equity gained on principal adds $1,453/yr while 5% annual appreciation supports $62,191 over five years. Portfolio math shows five-year ROI at 110.81% and total cumulative return in cash at $82,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,880/mo property income against a $1,102/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33462, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,778 (100%) |
| Owner Occupied HU | 8,313 (49.5%) |
| Renter Occupied HU | 5,805 (34.6%) |
| Vacant Housing Units | 2,660 (15.9%) |
| Median Home Value | $443,156 |
| Average Home Value | $566,185 |
Housing Distribution
Address Breakdown
Residential
14,984
Single Family
9,612
Multi-Family
5,372
Businesses
806
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