329 S L StreetLake 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 329 S L Street, Lake Worth, FL, 33460 generates $2,819/mo in rent and, after a $1,708/mo payment, leaves $340/mo in cash flow. Total monthly income is $2,819/mo, and annual cash flow is $4,083/yr on $115,694 invested. Return on cash invested sits at 23.44% in year one, and rental yield is 9.69% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 122.99% and total cumulative return in cash sums $142,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,819/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
6,752 sqft lot
$N/A/sqft
No HOA
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Listed by: Linda Barratt Cervantes PA • United Realty Group, Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10953792
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 2024 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.