419 Sheffield QWellingtonFL33414
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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 Wellington at 419 Sheffield Q, Wellington, FL, 33414 priced at $114,900 converts $882/mo rent into $120/mo cash flow after a $562/mo obligation. Total monthly income equals $882/mo, and annual cash flow totals $1,439/yr on $38,089 invested. Return on cash invested prints 23.69% in year one, and rental yield reads 9.21% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 123.69% and total cumulative return in cash sums $47,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $882/mo property income covering a $562/mo payment, not borrower’s personal income.
Condo
Built in 1971
N/A 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: Ginette S Pesant • LAER Realty Partners Bowen/Wellington
Mls Name: BeachesMLS
Mls ID: #RX-11142827