4237 Oak Terrace DriveGreenacresFL33463
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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 Greenacres at 4237 Oak Terrace Drive, Greenacres, FL, 33463 priced at $204,950 pairs $1,378/mo rent with $18/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,378/mo, and annual cash flow comes to $217/yr on $67,941 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 8.07% on a $204,950 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,624 by year five. Five-year ROI measures 105.2% and total cumulative return in cash reaches $71,474. For financing, Ziffy Mortgage’s DSCR program evaluates $1,378/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1982
N/A 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: Charlotte Marshall • Myriad Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11112796