4246 Lagoon Shore DriveLake WorthFL33467
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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 4246 Lagoon Shore Drive, Lake Worth, FL, 33467 generates $3,791/mo in rent and, after a $2,765/mo payment, leaves $42/mo in cash flow. Total monthly income is $3,791/mo, and annual cash flow is $504/yr on $185,885 invested. Return on cash invested sits at 20.33% in year one, and rental yield is 8.05% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash sums $196,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,791/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
5,388 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33467, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,072 (100%) |
| Owner Occupied HU | 21,130 (78.1%) |
| Renter Occupied HU | 3,524 (13.0%) |
| Vacant Housing Units | 2,418 ( 8.9%) |
| Median Home Value | $513,106 |
| Average Home Value | $550,949 |
Housing Distribution
Address Breakdown
Residential
25,492
Single Family
19,736
Multi-Family
5,756
Businesses
765
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Listed by: Laura Frances Tankersley • Real Broker, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11142438