4248 Deste Court #202Lake 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
Investment property for sale in Lake Worth at 4248 Deste Court #202, Lake Worth, FL, 33467 uses $82,875 cash to close to unlock $9,883/yr annual cash flow and $824/mo monthly cash flow. Total monthly income runs $2,483/mo, and a $1,224/mo payment keeps the spread at $824/mo. Purchase price stands at $250,000, and rental yield measures 11.92% with $2,483/mo rent. Return on cash invested shows 31.83% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 167.4% and total cumulative return in cash records $138,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,483/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1974
365 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: Zachary James Possanza • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11139553