419 Pine Tree Court #21AtlantisFL33462
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 419 Pine Tree Court #21, Atlantis, FL, 33462 in Atlantis is listed at $299,900 and delivers $2,921/mo in rent and $465/mo in net monthly cash flow. The 11.69% yield and 2.17 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $82,857 over five years, and $2,762/yr in principal reduction supplements cash return. Total projected cumulative return: $174,187.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.5% |
| Monthly Cash Flow | $465 | $300 |
City averages based on Atlantis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,921 |
| Total Monthly Debt Service | $1,871 |
| 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 1978
N/A 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
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 1978
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices