356 Lanier DrivePalm SpringsFL33461
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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
Total monthly income runs $3,422/mo, and a $2,785/mo payment. Purchase price stands at $569,000, and rental yield measures 7.22% with $3,422/mo rent. Return on cash invested shows 17.79% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 92.04% and total cumulative return in cash records $172,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,422/mo property income covering a $2,785/mo payment rather than investor’s personal income.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33461, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,231 (100%) |
| Owner Occupied HU | 8,710 (45.3%) |
| Renter Occupied HU | 8,553 (44.5%) |
| Vacant Housing Units | 1,968 (10.2%) |
| Median Home Value | $315,307 |
| Average Home Value | $388,851 |
Housing Distribution
Address Breakdown
Residential
17,166
Single Family
11,584
Multi-Family
5,582
Businesses
1,299
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Listed by: Surizaday De Leon • Partnership Realty Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11147208