3261 Hoylake RoadLake WorthFL33467
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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 3261 Hoylake Road, Lake Worth, FL, 33467 offers a 9.4% rental yield on a $595,000 purchase with $4,660/mo rent. Total monthly income registers $4,660/mo, and a $2,912/mo payment leaves $712/mo available for distribution. Annual cash flow reaches $8,541/yr on $195,755 to close, and return on cash invested stands at 24.42% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 127.61% and total cumulative return in cash at $249,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,660/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33467, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,072 (100%) |
| Owner Occupied HU | 21,130 (78.1%) |
| Renter Occupied HU | 3,524 (13.0%) |
| Vacant Housing Units | 2,418 ( 8.9%) |
| Median Home Value | $513,106 |
| Average Home Value | $550,949 |
Housing Distribution
Address Breakdown
Residential
25,492
Single Family
19,736
Multi-Family
5,756
Businesses
765
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Listed by: Alice D Hodach • Keller Williams Palm Beach Isl
Mls Name: BeachesMLS
Mls ID: #RX-11126625