3385 Jog Park DriveGreenacresFL33467
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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 Greenacres at 3385 Jog Park Drive, Greenacres, FL, 33467 generates $1,586/mo in rent and, after a $1,101/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,586/mo, and annual cash flow is $1,117/yr on $74,588 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 8.46% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 111.52% and total cumulative return in cash sums $83,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,586/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A 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: Jeffrey L Tricoli • KW Reserve Palm Beach
Mls Name: BeachesMLS
Mls ID: #RX-11159038