3662 Alexander CtLake WorthFL33463
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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 3662 Alexander Ct, Lake Worth, FL, 33463 priced at $520,000 pairs $3,532/mo rent with $5/mo cash flow after a $2,545/mo payment. Total monthly income equals $3,532/mo, and annual cash flow comes to $61/yr on $171,080 invested. Return on cash invested is 20.1% in year one, and rental yield stands at 8.15% on a $520,000 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,666 by year five. Five-year ROI measures 104.62% and total cumulative return in cash reaches $178,991. For financing, Ziffy Mortgage’s DSCR program evaluates $3,532/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1983
9,844 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33463, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,692 (100%) |
| Owner Occupied HU | 15,571 (68.6%) |
| Renter Occupied HU | 5,701 (25.1%) |
| Vacant Housing Units | 1,420 ( 6.3%) |
| Median Home Value | $424,162 |
| Average Home Value | $447,452 |
Housing Distribution
Address Breakdown
Residential
22,140
Single Family
16,846
Multi-Family
5,294
Businesses
831
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Listed by: N/A • N/A
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