3621 Miramontes CircleWellingtonFL33414
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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
Investment Highlights
Investment property for sale in Wellington at 3621 Miramontes Circle, Wellington, FL, 33414 at $550,000 posts ROI 27.38% with $1,104/mo cash flow from $4,754/mo rent. Total monthly income equals $4,754/mo, and annual cash flow records $13,249/yr on $180,950 to close. Return on cash invested measures 27.38% and rental yield reads 10.37% at the current $550,000. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 143.49% and total cumulative return in cash totals $259,654.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,754/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
8,653 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33414, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,453 (100%) |
| Owner Occupied HU | 15,335 (65.4%) |
| Renter Occupied HU | 5,950 (25.4%) |
| Vacant Housing Units | 2,168 ( 9.2%) |
| Median Home Value | $625,877 |
| Average Home Value | $714,976 |
Housing Distribution
Address Breakdown
Residential
22,416
Single Family
18,627
Multi-Family
3,789
Businesses
1,165
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Listed by: Miles V Brookins • Keller Williams Realty Boca Raton
Mls Name: BeachesMLS
Mls ID: #RX-11134808