3451 Jog Park DriveGreenacresFL33467
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 3451 Jog Park Drive, Greenacres, FL, 33467 in Greenacres is narrow, $200/mo net on $2,621/mo rent after the $1,210/mo debt service, but the property operates at break-even-plus, not a loss. At $269,000 with a 11.69% yield, the long-run equity case via 5% appreciation ($74,320 over five years) and $2,478/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.17 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $156,325.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 8.0% |
| Monthly Cash Flow | $200 | $300 |
City averages based on Greenacres market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,621 |
| Total Monthly Debt Service | $1,678 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1995
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1995
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Hiatt • Real Estate of Florida
Mls Name: BeachesMLS
Mls ID: #RX-11162289