443 Pine Glen Lane #C-2GreenacresFL33463
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
Investment Highlights
Rental property for sale in Greenacres at 443 Pine Glen Lane #C-2, Greenacres, FL, 33463 priced at $160,000 converts $1,982/mo rent into $339/mo cash flow after a $783/mo obligation. Total monthly income equals $1,982/mo, and annual cash flow totals $4,066/yr on $53,040 invested. Return on cash invested prints 27.58% in year one, and rental yield reads 14.87% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 149.28% and total cumulative return in cash sums $79,178. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,982/mo property income covering a $783/mo payment, not borrower’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$482 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabrielle Sacheli • Robert Beyer
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10958934
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.