303 Cornell DrLake WorthFL33460
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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 Lake Worth at 303 Cornell Dr, Lake Worth, FL, 33460 priced at $699,000 pairs $10,571/mo rent with $5,507/mo cash flow after a $3,421/mo payment. Total monthly income equals $10,571/mo, and annual cash flow comes to $66,081/yr on $229,971 invested. Return on cash invested is 48.79% in year one, and rental yield stands at 18.15% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 259.1% and total cumulative return in cash reaches $595,850. For financing, Ziffy Mortgage’s DSCR program evaluates $10,571/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Sabra Kirkpatrick • Brown Harris Stevens of Palm Beach 7232
Mls Name: Palm Beach BOR
Mls ID: #24-1670
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