324 Orange Tree Drive #5AtlantisFL33462
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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 Atlantis at 324 Orange Tree Drive #5, Atlantis, FL, 33462 priced at $365,000 converts $3,184/mo rent into $73/mo cash flow after a $1,786/mo obligation. Total monthly income equals $3,184/mo, and annual cash flow totals $876/yr on $120,998 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 10.47% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 109.82% and total cumulative return in cash sums $132,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,184/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$633 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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Listed by: Jeremy Charles • Century 21 Tenace Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11119043
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.