4049 Plumbago PlLake WorthFL33462
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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 4049 Plumbago Pl, Lake Worth, FL, 33462 generates $4,790/mo in rent and, after a $2,883/mo payment, leaves $881/mo in cash flow. Total monthly income is $4,790/mo, and annual cash flow is $10,574/yr on $193,781 invested. Return on cash invested sits at 25.52% in year one, and rental yield is 9.76% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 133.49% and total cumulative return in cash sums $258,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,790/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33462, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,778 (100%) |
| Owner Occupied HU | 8,313 (49.5%) |
| Renter Occupied HU | 5,805 (34.6%) |
| Vacant Housing Units | 2,660 (15.9%) |
| Median Home Value | $443,156 |
| Average Home Value | $566,185 |
Housing Distribution
Address Breakdown
Residential
14,984
Single Family
9,612
Multi-Family
5,372
Businesses
806
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Listed by: Crystal Latimore • VantaSure Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10509372